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Armenian parliament passes legislative package on establishment of TRIPP company

Operativ Media
Armenian parliament passes legislative package on establishment of TRIPP company
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The Armenian parliament has passed a legislative package providing special rules for companies established under international agreements in which the state holds at least a 25 percent stake.

Operativ Media reports, citing Armenian media.

It was noted that the amendments will allow progress toward establishing the company intended to implement the TRIPP project.

According to reports, the government-submitted package of amendments to the Law on Joint-Stock Companies and six related laws was adopted with 64 votes in favor during an extraordinary session. 

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