PRESS RELEASE 
 
PRESS/TPRB/328 
30 April 2010 
 
(10-2374) 
TRADE POLICY REVIEW: ARMENIA 
Continued reform and diversification of the economy are key to 
economic growth 
Armenia’s accession to the WTO in 2003 consolidated a process of trade liberalization and 
institutional reforms that started soon after in dependence from the Soviet Union in 1991. This 
process has continued since accession and Armenia has now a liberal trade and investment 
regime, according to a WTO Secretariat report on the trade policies and practices of Armenia.  
Economic stability, along with foreign remittances and investment from the large Armenian 
diaspora, led to high levels of economic growth up until the global financial crises hit Armenia in 2009 and produced a sharp drop in economic activity. 
 
The report says that continued efforts to improv e implementation of institutional and regulatory 
reforms and to develop a more diversified economy are key to Armenia’s future economic growth. 
 
The report, along with a policy statement by the Go vernment of Armenia, is the basis for the first 
Trade Policy Review (TPR) of Armenia by the Trad e Policy Review Body of the WTO on 6 and 8 
April 2010. 
 
The following documents are available in MS Wo rd format on the WTO web-site. They can be 
downloaded at http://www.wto.org/english/ tratop_e/tpr_e/tp328_e.htm  
• Secretariat reports 
> Contents and summary observations  
> Economic environment  
> Trade and investment regimes  > Trade policies and practices by measure  
> Trade policies by sector  
> Appendix tables  
• Report by the Government of Armenia 
• Chairperson’s concluding remarks  
• Minutes of the meeting (available appr oximately six weeks after the meeting). 
Note 
Trade Policy Reviews are an exercise, mandated in the WTO Agreement, in which member 
countries” trade and related policies are examined and evaluated at regular intervals. Significant 
developments that may have an impact on the global trading system are also monitored. For each 
review, two documents are prepared: a policy stat ement by the government of the member under PRESS/TPRB/328 
Page 2 of 2 
 
 review, and a detailed report written independently by the WTO Secretariat. These two documents 
are then discussed by the WTO”s full membership in the Trade Policy Review Body (TPRB). These 
documents and the proceedings of the TPRB”s meetings are published shortly afterwards.  
 
Print copies of the TPR publications are available for sale from the WTO Secretariat, Centre William 
Rappard, 154 rue de Lausanne, 1211 Genève 21 and through the on-line bookshop at http://onlinebookshop.wto.org/shop/articles.asp?Id_Rayon=38
 
or follow this path :  www.wto.org >resources > publications > trade policy reviews   
The TPR publications are also available from our co-publisher Bernan  
Press, 4501 Forbes Boulevard, Suite 200, Lanham, MD 20706-4346, United  States. Please call 1-800-865-3457 or e-mail: customercare@bernan.com.” 
Next reviews: 
Albania: 28 and 30 April 2010 
China: 10 and 12 May 2010 
Malawi: 9 and 11 June 2010 
 For a full list of previous trade policy reviews and the full programme of future reviews go to 
http://www.wto.org/english/trat op_e/tpr_e/tpr_ e.htm#reviews 
or follow this path : www.wto.org > trade topics > trade policy reviews  
 
 
END