LAW OF THE REPUBLIC OF ARMENIA

of May 15, 2001 No. ZR-175

About protection of the domestic market

Accepted by National Assembly of the Republic of Armenia on April 18, 2001

Chapter I. General provisions

Article 1. Subject of regulation of the Law

1. This Law establishes the relations connected using measures for protection of the domestic market concerning commodity importation on the territory of the Republic of Armenia.

2. This Law does not extend to the prohibition, quantitative restrictions or control measures applied by other laws of the Republic of Armenia concerning commodity importation.

Article 2. Legislation on protection of the domestic market

1. The legislation on protection of the domestic market consists of the Constitution, the Civil code, the Customs code of the Republic of Armenia, this Law and other legal acts.

2. If international treaties of the Republic of Armenia establish other regulations which are not provided by this Law, then regulations of agreements are applied.

Article 3. The basic concepts used in the Law

The basic concepts used in sense of this Law are:

economy industry - unity of the producers acting in the territory of the Republic of Armenia which make similar to the studied goods or the goods which are directly competing with it or those from the producers acting in the territory of the Republic of Armenia which jointly issue more than a half of all production of the similar or directly competing goods in the Republic of Armenia;

serious damage - considerable and continuous weakening of line item of industry of economy of the Republic of Armenia;

threat of serious damage - accurately predicted and come serious damage;

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