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V Terterian: Reforms needed To Avoid Hypercentralization of Business

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  • V Terterian: Reforms needed To Avoid Hypercentralization of Business

    VACHE TERTERIAN: ADMINISTRATIVE-TERRITORIAL REFORMS SHOULD BE
    IMPLEMENTED TO AVOID HYPERCENTRALIZATION OF BUSINESS IN YEREVAN

    AFGVERAN, JUNE 30, NOYAN TAPAN. The Chamber of Commerce and Industry
    (CCI) of Armenia is prepared to participate in further economic
    development of the country in order to develop entrepreneurship and
    increase the competitiveness of Armenian companies in the foreign
    market. The CCI deputy chairman, direcor general of Viasphere
    Technopark company Aram Vardanian stated this at the June 29 business
    forum "The Prospects of Armenia's Economic Development and the Role of
    Chambers of Commerce and Industry" in Aghveran.

    The event's purpose was to discuss issues related to participation of
    regional CCIs in the country's social and economic process, their
    cooperation with local self-government bodies, and development of
    entrepreneurship.

    In the words of the RA deputy minister of trade and economic
    development Armen Gevorgian, by assuming "the role of a collective
    defender of the business community", the chambers should create a
    favorable environment for business, in particular, to implement
    advisory and training programs and to take part in the development and
    adoption of respective laws.

    Speaking about the problem of hypercentralization of business in
    Yerevan, the RA deputy minister of territorial governance Vache
    Terterian noted that a number of administrative and territorial
    reforms, including the enlargement of communities and the creation of
    intercommunity units, should be implemented in order to avoid the
    business environment disproportion by settlements. "The creation of the
    Council on Marz Development can be considered as the first step of this
    program," V. Terterian said.
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