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Sargsyan: Armenia Is Ready To Become Center Of Asian Businessmen's I

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  • Sargsyan: Armenia Is Ready To Become Center Of Asian Businessmen's I

    SARGSYAN: ARMENIA IS READY TO BECOME CENTER OF ASIAN BUSINESSMEN'S INTERESTS

    Central Asia General Newswire
    March 30, 2015 Monday 2:50 PM MSK

    YEREVAN. March 30

    Armenian President Serzh Sargsyan said Armenia is ready to become a
    center of Asian businessmen's interests.

    "I suggest considering the possibility of establishing regional head
    officers of Chinese and other large Asian companies in Armenia. The
    energy sector and cooperation on programs to build the motorway
    connecting the North and the South or the railway connecting Armenia
    and Iran can be especially attractive to businessmen. Armenia is ready
    to become a center of Asian businessmen's interests," Sargsyan said
    at the Boao Forum for Asia on Saturday.

    Sargsyan said Armenia pursues an "open doors policy" and does not
    impose any restrictions on investment activities.

    "Armenia now has free trade agreements with all CIS countries, whose
    population exceeds 250 million. By joining the EEU Armenia received
    unimpeded access to a common market of 170 million people, the right
    to duty-free import of resources to the EEU, and preferential import
    conditions for 750 types of goods from other countries," he said.

    "We also use systems of preferences with the EU, the U.S., Canada,
    Switzerland, Japan and Norway, that is, there are zero or considerably
    reduced customs duties on the export of Armenian goods to these
    countries. Armenia also gives preferential conditions to large
    exporters, including income tax exemptions," Sargsyan said.

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