EX-PRIME MINISTER SAYS FOREIGN INVESTMENT PREVENTS IMPUDENT ELITES

Panorama.am
18:15 14/06/2007

"No country was able to get prepared for the privatization. It means,
it was impossible," Hrant Bagratyan, ex-prime minister of Armenia, said
at Congress Hotel today during the presentation of his book. Bagratyan
said those countries that managed to implement swift privatization
were the ones to win. He also said foreign investment does not permit
the economic and political elites to become "impudent."