Correct Use of Armenia’s Potential May Greatly Promote Economic Dev

CORRECT USE OF ARMENIA’S POTENTIAL MAT GREATLY PROMOTE ECONOMIC
DEVELOPMENT

YEREVAN, MAY 5, NOYAN TAPAN. Problems of improvement of the investment
environment in Armenia and the full use of the Diaspora’s potential
were discussed at the April 5 meeting of the Armenian president Serge
Sargsian, the Diasporan Armenian businessman and benefactor Vatche
Manukian and the member of HSBC Bank’s board of CEOs David Budd.

According to a press release submitted to NT by the RA president’s
press service, the interlocutors said that Armenia has considerable
potential and its correct use may greatly promote the economic
development, including the growth of tourism. They also adressed the
prospects of expanding HSBC Bank’s activities in Armenia.