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Boosting Electric Transportation: Armenia’s Initiative to Introduce Electric Vehicles and Free the Country from EAEU Import Duties

  • Introduction of electric transport means with electric motors is proposed.
  • The import of electric transport means will be exempt from customs duties until January 1, 2025.
  • The draft law on the implementation of the above measures is discussed in the National Assembly.
  • The exemption aims to promote the use of electric vehicles and reduce the import tax burden.
  • In 2022, 7,000 electric transport means were imported, and it is expected to increase to 8,000 in 2023.
  • The introduction of electric transport aims to limit the age of vehicles to less than five years.
  • The Minister of Economy highlights the positive impact on the environment and reduction of emissions.
  • The customs duty exemption is part of efforts to encourage the use of electric vehicles in Armenia.
  • The proposal includes a gradual increase in the customs duty exemption to 8,000 units annually.
  • Officials discuss the potential benefits and challenges of transitioning to electric transport means.
  • There is a focus on developing mechanisms to ensure the sustainable and efficient use of electric vehicles.
  • Social and economic considerations are raised, emphasizing the need for careful planning and consideration.
  • Various perspectives, including those of government officials and industry experts, are taken into account.
  • The proposal receives attention at the national level, with suggestions for further discussions and evaluations.

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Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.


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