Announcement

Collapse
No announcement yet.

Armenian Economy Will Develop More Rapidly If Authorities Keep Away

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenian Economy Will Develop More Rapidly If Authorities Keep Away

    ARMENIAN ECONOMY WILL DEVELOP MORE RAPIDLY IF AUTHORITIES KEEP AWAY FROM ECONOMIC PROCESSES, VAHAGN KHACHATRIAN SAYS

    Author: Editor: Eghian Robert
    Noyan Tapan News Agency, Armenia
    Sept 25 2007

    YEREVAN, SEPTEMBER 25, NOYAN TAPAN. A new economic policy to encourage
    domestic producers and create favorable conditions for the export
    of their production should be adopted in Armenia, member of the RA
    National Assembly ARF faction Artsvik Minasian stated at the September
    25 debate. According to him, a common conditional trade mark should
    be created for goods made in Armenia and this trade mark should be
    protected by the state. Besides, the state should establish control
    over the priority branches of industry.

    Another participant in the debate - member of the "Aylntrank"
    ("Alternative") political-social initiative Vahagn Khachatrian
    noted that as a apologist for liberal economy he is not in favor of
    increasing the role of the state in economic processes. In his opinion,
    the less the state "intervenes", the more rapidly the economy will
    develop. "Today the question is: how far are the country's authorities
    prepared to keep away from the economy?" V. Khachatrian said.

    In his words, import rates currently exceed threefold export rtaes,
    as a result of which importers - mainly representatives of the
    authorities: ministers and deputies receive superprofits. To give
    an example, V. Khachatrian said that taking advantage of the sharp
    decline in the number of local pigs due to African plague, the NA
    deputy Samvel Alexanian has already imported frozen pork into Armenia.
Working...
X