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Armenia Ready To Create Favorable Conditions For Every Investor, Pre

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  • Armenia Ready To Create Favorable Conditions For Every Investor, Pre

    ARMENIA READY TO CREATE FAVORABLE CONDITIONS FOR EVERY INVESTOR, PRESIDENT SAYS

    YEREVAN, February 6. /ARKA/. Armenia is ready to create favorable
    conditions for each investor, presidential candidate, current president
    Serzh Sargsyan said.

    "We have stated and I am saying right now again that we are ready to
    pass laws for each particular investor so that his investments are
    protected and that people have no concerns. We are ready to create
    additional conditions, if required, for each investor," Sargsyan said
    at his meeting with voters in Malatia-Sebastia district.

    The president also said that a law has been passed about free trade
    zone, which means that best conditions are provided to investors.

    Sargsyan stressed that even if Armenia has problems in attracting
    investments, they have nothing to do with business conditions as
    the country climbed 18 point to the 32nd place in World Banks' Doing
    Business - 2013 rating.

    The problems are, first of all, connected with small size of the
    Armenian market, according to the president. The next important problem
    is limited infrastructures and only two overland roads available to
    connect Armenia with the outer world available, Sargsyan said. -0-

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