VACHE TERTERIAN: ADMINISTRATIVE-TERRITORIAL REFORMS SHOULD BE
IMPLEMENTED TO AVOID HYPERCENTRALIZATION OF BUSINESS IN YEREVAN

AFGVERAN, JUNE 30, NOYAN TAPAN. The Chamber of Commerce and Industry
(CCI) of Armenia is prepared to participate in further economic
development of the country in order to develop entrepreneurship and
increase the competitiveness of Armenian companies in the foreign
market. The CCI deputy chairman, direcor general of Viasphere
Technopark company Aram Vardanian stated this at the June 29 business
forum "The Prospects of Armenia’s Economic Development and the Role of
Chambers of Commerce and Industry" in Aghveran.

The event’s purpose was to discuss issues related to participation of
regional CCIs in the country’s social and economic process, their
cooperation with local self-government bodies, and development of
entrepreneurship.

In the words of the RA deputy minister of trade and economic
development Armen Gevorgian, by assuming "the role of a collective
defender of the business community", the chambers should create a
favorable environment for business, in particular, to implement
advisory and training programs and to take part in the development and
adoption of respective laws.

Speaking about the problem of hypercentralization of business in
Yerevan, the RA deputy minister of territorial governance Vache
Terterian noted that a number of administrative and territorial
reforms, including the enlargement of communities and the creation of
intercommunity units, should be implemented in order to avoid the
business environment disproportion by settlements. "The creation of the
Council on Marz Development can be considered as the first step of this
program," V. Terterian said.