Armenia places import duty on Iranian cement

Armenia's parliament has approved a 14,000/t duty to be set on imported cement from Iran. A total of 85 law makers voted in favour of the duty with 16 voting against and three abstaining. The Armenia party also wanted a state duty on the import of clinker from Iran but this has not been put in place.

The bill for the cement duty passed while a group of construction workers protested outside parliament. The demonstrators were arguing that the duty would increase prices of cement.

Babken Tunyan, chair of economic affairs committee of the Armenian parliament said they would meet and discuss the matter with the protestors.