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ARMENIA TO MAKE RADICAL CHANGES IN INDUSTRIAL POLICY. PM
ARMENPRESS
22 June, 2012
YEREVAN
YEREVAN, JUNE 22, ARMENPRESS: We must establish a competitive economy
resulted by Government-private sector partnership. Armenian Prime
Minister Tigran Sargsyan came forth with the speech at the course
of the business forum entitled "Armenia, opportunities for growth
and international experience organized by the junctions of Black Sea
Trade and Development Bank (BSTDB).
The head of the executive body declared that radical change in
industrial policy is ahead." We are concerned that Black Sea bank make
investment in Government implemented projects. Armenia high estimates
the projects launched by Black Sea Trade and Development Bank (BSTDB),
worth 75 million US dollar" Sargsyan noted, Armenpress reports.
Armenian PM assured that they are creating new conditions for business
start-ups, which is the number one problem in Armenia.Prime Minister
did not deny the obstacles hindering to launch business in Armenia
and promised to foster law enforcement and judicial bodies to avoid it.
In the words of BSTDB chairman Andrey Kondakov Black Sea states ensured
sustainable growth against the background of international economic
development. "Armenia is the best example of it" Kondakov concluded,
informing Black Sea bank will provide 50 million euros to Armenia
for the financial support by 2014.
Black Sea Trade and Development Bank (BSTDB) is an international
financial institution founded by Albania, Armenia, Azerbaijan,
Bulgaria, Georgia, Greece, Romania, Russia, Turkey and Ukraine. Bank
authorized capital makes3.3 billion euros.
ARMENPRESS
22 June, 2012
YEREVAN
YEREVAN, JUNE 22, ARMENPRESS: We must establish a competitive economy
resulted by Government-private sector partnership. Armenian Prime
Minister Tigran Sargsyan came forth with the speech at the course
of the business forum entitled "Armenia, opportunities for growth
and international experience organized by the junctions of Black Sea
Trade and Development Bank (BSTDB).
The head of the executive body declared that radical change in
industrial policy is ahead." We are concerned that Black Sea bank make
investment in Government implemented projects. Armenia high estimates
the projects launched by Black Sea Trade and Development Bank (BSTDB),
worth 75 million US dollar" Sargsyan noted, Armenpress reports.
Armenian PM assured that they are creating new conditions for business
start-ups, which is the number one problem in Armenia.Prime Minister
did not deny the obstacles hindering to launch business in Armenia
and promised to foster law enforcement and judicial bodies to avoid it.
In the words of BSTDB chairman Andrey Kondakov Black Sea states ensured
sustainable growth against the background of international economic
development. "Armenia is the best example of it" Kondakov concluded,
informing Black Sea bank will provide 50 million euros to Armenia
for the financial support by 2014.
Black Sea Trade and Development Bank (BSTDB) is an international
financial institution founded by Albania, Armenia, Azerbaijan,
Bulgaria, Georgia, Greece, Romania, Russia, Turkey and Ukraine. Bank
authorized capital makes3.3 billion euros.