52352-001: Analysis of Economic Opportunities Associated with Armenia’s New Trade Regime | Asian Development Bank

Armenia: Analysis of Economic Opportunities Associated with Armenia’s New Trade Regime

Sovereign (Public) Project | 52352-001 Status: Active

The recent agreements and changes in Armenia's trade regime will affect the economy through multiple channels, including trade, migration and investment. This small-scale TA will focus on the trade dimension. The TA will estimate the impact of recent and upcoming changes in Armenia's trade regime on trade patterns and comparative advantages, across products and destination countries. The possibility of building upon the new trade regime to position Armenia in profitable cross-border value chains will also be examined. In particular, Armenia might go beyond just re-exporting to developing processing industries using inputs imported under preferential tariffs.

Project Details

Project Officer
Aleksanyan, Lilia Central and West Asia Department Request for information
Country
  • Armenia
Sector
  • Industry and trade
 
Project Name Analysis of Economic Opportunities Associated with Armenia’s New Trade Regime
Project Number 52352-001
Country Armenia
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 9698-ARM: Analysis of Economic Opportunities Associated with Armenia's New Trade Regime
Technical Assistance Special Fund US$ 200,000.00
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Governance and capacity development
Knowledge solutions
Sector / Subsector

Industry and trade / Industry and trade sector development

Gender Equity and Mainstreaming No gender elements
Description The recent agreements and changes in Armenia's trade regime will affect the economy through multiple channels, including trade, migration and investment. This small-scale TA will focus on the trade dimension. The TA will estimate the impact of recent and upcoming changes in Armenia's trade regime on trade patterns and comparative advantages, across products and destination countries. The possibility of building upon the new trade regime to position Armenia in profitable cross-border value chains will also be examined. In particular, Armenia might go beyond just re-exporting to developing processing industries using inputs imported under preferential tariffs.
Project Rationale and Linkage to Country/Regional Strategy Trade can be an engine for inclusive growth and poverty reduction as it allows to use resources more efficiently in production, creates new employment opportunities and reduces the prices of goods and services for consumers. Trade is even more crucial for a small economy such as Armenia. Given its small size, Armenia has to specialize and focus on those export products for which it has a comparative advantage and for which economies of scale are less constraining. This small-scale TA proposes to identify the impact of Armenia's new trade regime on the range of products for which it has a comparative advantage. This analysis could then be used to target public support to these sectors.
Impact Export-led growth prospects and competitiveness of Armenia's economy improved
Project Outcome
Description of Outcome Economic opportunities associated with Armenia's new trade regime determined and recommended
Progress Toward Outcome
Implementation Progress
Description of Project Outputs The impact of changes in the trade regime on trade patterns estimated
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Nation-wide
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Responsible ADB Officer Aleksanyan, Lilia
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Regional Cooperation and Operations Coordination Div, CWRD
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
Timetable
Concept Clearance -
Fact Finding 28 Nov 2018 to 28 Nov 2018
MRM -
Approval 21 Dec 2018
Last Review Mission -
Last PDS Update 21 Dec 2018

TA 9698-ARM

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
21 Dec 2018 - 21 Dec 2018 30 Jun 2020 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
200,000.00 0.00 0.00 0.00 0.00 0.00 200,000.00 21 Dec 2018 0.00

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Tenders

Tender Title Type Status Posting Date Deadline
Trade Economist Individual - Consulting Closed 06 Feb 2019 12 Feb 2019

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.