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FOREIGN INVESTORS FILLING ARMENIAN CAPITAL MARKET
PanARMENIAN.Net
27.02.2009 15:34 GMT+04:00
/PanARMENIAN.Net/ Armenia has the potential to develop the capital
market, RA Minister of Economy said.
"Major enterprises can cast a glance at developing countries' market
which doesn't suffer much from the global financial crisis," Nerses
Yeritsyan said during "Capital Market in Armenia" conference.
"Capital Market is a mechanism of redistribution of income absence
of which can be equaled to absence of tax legislation," he said.
The Minister also informed that the Armenian government has initiated
introduction of corporate management rules in the Armenian public
sector.
"Science-intensive economy is also a basis for development of capital
market. If a potential market participant doesn't know where and how
to sell goods, the market will never develop," Minister Yeritsyan said.
PanARMENIAN.Net
27.02.2009 15:34 GMT+04:00
/PanARMENIAN.Net/ Armenia has the potential to develop the capital
market, RA Minister of Economy said.
"Major enterprises can cast a glance at developing countries' market
which doesn't suffer much from the global financial crisis," Nerses
Yeritsyan said during "Capital Market in Armenia" conference.
"Capital Market is a mechanism of redistribution of income absence
of which can be equaled to absence of tax legislation," he said.
The Minister also informed that the Armenian government has initiated
introduction of corporate management rules in the Armenian public
sector.
"Science-intensive economy is also a basis for development of capital
market. If a potential market participant doesn't know where and how
to sell goods, the market will never develop," Minister Yeritsyan said.