On 10 November 2017, AmCham had a roundtable discussion with Fast Moving Consumer Goods (FMCG) member companies, which had
been sending several signals regarding the challenges/troubles they might get into with the proposed amendments in the Tax Code, in particular Article 62. Mr. Nerses Nersisyan, AmCham 1st Vice-President and representatives of legal departments of several FMCG companies were present at the meeting. The attendees expressed their concerns/feedback re proposed amendments and discussed possible solutions/suggestions. Given the legislative changes as well as Armenia’s commitment to adhere to EU standards in regards to recycling starting from January 2018, AmCham is planning to create a platform for FMCG companies. More to come on this in early 2018.