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EXPERT: ARMENIA'S NEW CABINET SHOULD PRESS FOR PASSAGE OF AN APPROPRIATE LAW FOR INDUSTRY DEVELOPMENT
YEREVAN, March 11. /ARKA/. Vazgen Safaryan, chairman of the Union of
Domestic Manufacturers, speaking Monday at a news conference, said
Armenia's new Cabinet should press for passage of an appropriate law
for the industry development based on the Industrial Policy Strategy.
"The present Cabinet has managed to design an export-promoting
industrial policy, and I find this a significant achievement," he
said. "However, substantial system changes and new approaches are
needed to remedy the country's economy. Old approaches are not able
to live up to the disaffected society's expectations."
On December 15, 2011, the Armenian government approved the Industrial
Policy Strategy in an effort to spur development of the national
industry and promote exports and in a hope that thanks to this
strategy, the country's industrial companies will expand their outlets
abroad and create new jobs here in Armenia.
Safaryan said the new government, first of all, should involve
economists in the industry-developing processes.
"After the passage of the law, the government should design fiver-year
development programs with the particular development directions
pointed out in them," the expert said.
In his opinion, the government should also implement structural
changes. In particular, he proposed the government to establish the
industry and foreign trade ministry and should also reorganize the
agriculture ministry into the ministry of agriculture and agricultural
industry. -0-
YEREVAN, March 11. /ARKA/. Vazgen Safaryan, chairman of the Union of
Domestic Manufacturers, speaking Monday at a news conference, said
Armenia's new Cabinet should press for passage of an appropriate law
for the industry development based on the Industrial Policy Strategy.
"The present Cabinet has managed to design an export-promoting
industrial policy, and I find this a significant achievement," he
said. "However, substantial system changes and new approaches are
needed to remedy the country's economy. Old approaches are not able
to live up to the disaffected society's expectations."
On December 15, 2011, the Armenian government approved the Industrial
Policy Strategy in an effort to spur development of the national
industry and promote exports and in a hope that thanks to this
strategy, the country's industrial companies will expand their outlets
abroad and create new jobs here in Armenia.
Safaryan said the new government, first of all, should involve
economists in the industry-developing processes.
"After the passage of the law, the government should design fiver-year
development programs with the particular development directions
pointed out in them," the expert said.
In his opinion, the government should also implement structural
changes. In particular, he proposed the government to establish the
industry and foreign trade ministry and should also reorganize the
agriculture ministry into the ministry of agriculture and agricultural
industry. -0-