WB GIVES PRIOR IMPORTANCE TO THE IMPROVEMENT OF COMPETITIVE SITUATION IN ARMENIA

ARMENPRESS
Nov 30, 2009

YEREVAN, OCTOBER 30, ARMENPRESS: Chairman of the Armenian Economic
Competitiveness Commission David Harutyunyan conducted today its first
official meeting in this office receiving the head of the World Bank
Armenian Office Aristomene Varudakis.

Press secretary of the commission Armine Udumyan told Armenpress
that in Armenia the competitive situation and the authorities of the
commission need to be reformed: "And I think that we have a long way
to pass in this issue." WB office director noted that today they may
put the first point of the next round of cooperation.

A. Varudakis said that WB has a program of working with Armenia where
in the action program a prior importance is given to the improvement
of competitive situation. "There is an objective to encourage new
investment programs which is very important for promoting developing
of business, and competitiveness especially in the pre-context of
possible opening of border with Turkey," he said.

The chairman of the commission said that with the cooperation of the
World Bank on the way of improvement of the competitiveness there is a
goal to solve a number of important issues, strengthen the authorities
of the commission, its skills, clarify the mechanisms of applying them,
increase the level of professional skills of the specialists, etc.

Within the framework of cooperation a memorandum will be signed.

From: Emil Lazarian | Ararat NewsPress