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    Categories: News

Armenia’s economic environment favorable for foreign investments

ARKA News Agency
Sept 14 2005

ARMENIA’S ECONOMIC ENVIRONMENT FAVORABLE FOR FOREIGN INVESTMENTS:
TATUL MARGARYAN

YEREVAN, September 14. /ARKA/. Armenia’s economic environment is
favorable for foreign investments, RA Ambassador to the USA Tatul
Margaryan said at his meeting with OPIC President Ross Conelli.
During the meeting, the Ambassador pointed out that due to the
Government-implemented reforms Armenia is now the leader among
transitional economies.
In his turn, the OPIC President expressed willingness to promote US
investments in Armenia’s economy, cooperate in enhancing the
awareness of US business circles of the OPIC-implemented programs in
Armenia. The OPIC’s largest-scale project in Armenia is the funding
of the remodeling of the Marriot-Armenian Hotel. P.T. -0–

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