SARGSYAN: ARMENIA IS READY TO BECOME CENTER OF ASIAN BUSINESSMEN’S INTERESTS
Central Asia General Newswire
March 30, 2015 Monday 2:50 PM MSK
YEREVAN. March 30
Armenian President Serzh Sargsyan said Armenia is ready to become a
center of Asian businessmen’s interests.
“I suggest considering the possibility of establishing regional head
officers of Chinese and other large Asian companies in Armenia. The
energy sector and cooperation on programs to build the motorway
connecting the North and the South or the railway connecting Armenia
and Iran can be especially attractive to businessmen. Armenia is ready
to become a center of Asian businessmen’s interests,” Sargsyan said
at the Boao Forum for Asia on Saturday.
Sargsyan said Armenia pursues an “open doors policy” and does not
impose any restrictions on investment activities.
“Armenia now has free trade agreements with all CIS countries, whose
population exceeds 250 million. By joining the EEU Armenia received
unimpeded access to a common market of 170 million people, the right
to duty-free import of resources to the EEU, and preferential import
conditions for 750 types of goods from other countries,” he said.
“We also use systems of preferences with the EU, the U.S., Canada,
Switzerland, Japan and Norway, that is, there are zero or considerably
reduced customs duties on the export of Armenian goods to these
countries. Armenia also gives preferential conditions to large
exporters, including income tax exemptions,” Sargsyan said.