Committee approves Armenian postal service tariff regulations

The Public Services Regulatory Committee approved today the procedures of defining and reconsidering the tariffs of the universal services of the Armenian Postal Service. Armen Arshakyan, tariff policy department head of the committee said that universal services include the delivery of letters, boxes of up to 20 kg, press to the regions as well as delivery of special importance documents.

Hans Boon, director of the Armenian Postal Service, thanked the committee and assured that the document will be properly executed by the postal service. Robert Nazaryan, committee chairman, also expressed his hope that the regulations will act in favor of the customers who will feel the positive impact of the document in a year. The regulations will be effective as of January 1, 2008.

On November 30, 2006 the whole package of shares of the Armenian Postal Service was handed to HayPost Trans Management Ltd which belongs to Dutch Postfinance.