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BAKU: Freedom House: "Unsettled Nagorno Karabakh Conflict Hampers Fl

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  • BAKU: Freedom House: "Unsettled Nagorno Karabakh Conflict Hampers Fl

    FREEDOM HOUSE: "UNSETTLED NAGORNO KARABAKH CONFLICT HAMPERS FLOW OF INVESTMENTS INTO ARMENIAN ECONOMY"

    Today.Az
    June 24 2008
    Azerbaijan

    The unsettled Karabakh conflict hampers flow of foreign investments
    into the Armenian economy, says the 2008 report of the human rights
    organization Freedom House on the transitive countries, released on
    June 24.

    Freedom House also states that violations during the election promote
    rise of distrust of the community to the authorities and skeptical
    attitude to political and civil activity.

    Close ties between the political and business officials hamper the
    development of democratic institutions in Armenia.

    Freedom House also noted that the rise in the volume of foreign
    investments to Armenian economy is hampered by the unsettled Karabakh
    conflict, hindering trade diversification and Armenia's participation
    in regional programs.

    From: Emil Lazarian | Ararat NewsPress
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