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Parliamentarian From ARF Dashnaksutyun: The Main Obstacle For Inflow

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  • Parliamentarian From ARF Dashnaksutyun: The Main Obstacle For Inflow

    PARLIAMENTARIAN FROM ARF DASHNAKSUTYUN: THE MAIN OBSTACLE FOR INFLOW OF FOREIGN INVESTMENTS TO ARMENIA IS NOT THE TRANSPORT BLOCKADE, BUT ECONOMIC POLICY OF THE STATE

    ArmInfo
    2009-05-25 18:27:00

    ArmInfo. The main obstacle for the inflow of foreign investments
    to Armenia is not the transport blockade, but economic policy of
    the state, MP from the ARF Dashnaksutyun faction Ara Nranyan said,
    Monday. "Today our country doesn't show interest in the inflow of
    foreign investments, the key task is division of business interests
    inside the country. Simplification of investment regime for large
    investment companies is out of question",- Nranyan said. As regards
    export, he pointed out that the state couldn't actively promote
    Armenian commodities abroad by means of a specially created body. "The
    domestic market for most of Armenian companies is too small. The
    majority of them is able to increase the production output in case
    of new sales markets. However, one shouldn't forget that the largest
    Armenian companies are considered small by international, for instance,
    European standards. Therefore the state should exert additional
    efforts to establish stable famous Armenian brands",- Nranyan said.
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