ARMENIA ABLE TO CREATE MORE FAVORABLE CONDITIONS FOR BULGARIAN BUSINESS – PRESIDENT

Trend News Agency
Dec 11 2008
Azerbaijan

Armenia is able to create more favorable conditions for Bulgarian
business, President of Armenia Serzh Sargsyan said at the opening
ceremony of the Armenian-Bulgarian Business Forum in Sophia, reported
ArmInfo.

‘I think that our proposals will be interesting to Bulgarian
businessmen since the Armenian legislation is one of the most
liberal in the world. Government of Armenia does its best to promote
investments in the country. We are ready to support any programme
that involves foreign investors. I’d like to emphasize that Armenia
is rather an attractive country’, Serzh Sargsyan said.

The president highlighted that natural gas and electricity tariffs in
Armenia are among the lowest ones in the world and the construction
of a new power unit for the Armenian nuclear power plant greatly
contributes to this.

Fifteen Armenian companies participate in the business forum: Union
of Industrialists and Entrepreneurs of Armenia, Armenian Development
Agency, Apaven Company, Europrofile, Metex, Elit-Group, Shen-

Concern, Great Valley, Jermuk May Gortsaran, Artsakh Fruit, as well
as ACBA-Credit Agricole Bank.