ARMENIA HAS LIBERAL LEGISLATION FOR BUSINESS DEVELOPMENT

PanARMENIAN.Net
29.10.2009 16:21 GMT+04:00

/PanARMENIAN.Net/ Armenia has liberal legislation for business
development, Economy Minister Nerses Yeritsyan told the conference on
"Russia-Armenia: Economic Cooperation". According to him, Armenia’s
foreign economic policy is mainly targeted at attracting foreign
investments and liberalizating foreign trade regime. "More essential
components in Armenia’s investment climate is the business-oriented
liberal legislation, as well as the Government policy aimed at
eliminating administrative barriers in entrepreneurial activity,"
said the Minister.

Besides, he added, there is mutual interest on all levels, including
President, societies and business communities. "Many of our compatriots
successfully represent the Russian business. They may also promote
business contacts between our countries," he added.

In the meantime, Yeritsyan said that Armenian and Russian Governments
directed their efforts towards enhancing conditions for business
activity. "Business communities of the two countries are just required
to demonstrate activeness in searching for more profitable ways for
cooperation," Nerses Yeritsyan said, summing up his speech.