It is necessary to look upon Southern Caucasus as a united….

IT IS NECESSARY TO LOOK UPON SOUTHERN CAUCASUS AS A UNITED ECONOMIC CIRCLE

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| 17:57:42 | 03-06-2005 | Official |

Today in the NA hall the session of the Parliamentary Investigations
European Center Macro Economic Investigations working group took place
with the participation of representatives form different courtiers.

NA President Arthur Baghdasaryan voiced hope that the discussions will
contribute to the activization of economic reforms in our country. Or
the economic development of both Armenia and Southern Caucasus Arthur
Baghdasaryan found 3 main issues important: first, the realization of
free competition market and creation of the corresponding legislation
field, second, combat against shadow economy and corruption, and third,
development of small and medium business.

According to him, it is necessary to look upon Southern Caucasus as
a united economic circle and to investigate the perspectives of its
development and integration in the context of regional development.

The speakers making speech on the theme «Potential and Challenges
of Armenia and Other Countries of Southern Caucasus» referred to the
possibilities and problems of the economic development of the region,
as well as to the fields where the necessity of reforms is more urgent.

–Boundary_(ID_nDWMkexk1OqMXW9rri/g3g)–