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Karabakh Premier regrets Azeri absence from youth forum

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  • Karabakh Premier regrets Azeri absence from youth forum

    Separatist Karabakh premier regrets Azeri absence from youth forum

    Arminfo, Yerevan
    19 Nov 04


    STEPANAKERT

    The fact that the republic has not been recognized makes it impossible
    to cooperate with international financial organizations, foreign banks
    and developed countries, the prime minister of the Nagornyy Karabakh
    Republic, Anushavan Daniyelyan, told a visiting delegation of
    representatives of youth organizations from Sweden, Italy, Bulgaria,
    Hungary, Serbia and Montenegro, Ukraine, Moldova, Latvia, Georgia and
    Armenia yesterday.

    He said that half of Nagornyy Karabakh was destroyed as a result of
    hostilities. The process of restoring and reforming the destroyed
    Nagornyy Karabakh economy is progressing in very difficult
    conditions. However, it has been possible to create a liberal economy
    in Nagornyy Karabakh, the process of reforms has covered all spheres
    and many of them are experiencing a quantitative and qualitative
    change for the better, Daniyelyan said.

    He expressed his regret over the absence of Azerbaijani youth from
    Stepanakert.

    "We need to solve our problems with Azerbaijan at all levels,
    including the assistance of people's diplomacy, and the attraction of
    youth is necessary," he said.

    Speaking about the socioeconomic situation in Nagornyy Karabakh, the
    prime minister said a programme of economic reforms aimed at free
    market relations and based on the equality of all ownership types and
    economic liberalization priorities had been under way since 2000,
    which has helped boost the economy and ensure a significant growth in
    the population's income. Macroeconomic indices suggest that the
    economic reforms of the last few years have been effective and have
    produced the anticipated results. In 1999, the government introduced a
    new tax policy. The income tax stake was lowered from 25 to 15 per
    cent, to 10 per cent in 2000, and to 5 per cent in 2001, which is
    still in effect. In 2003, industrial growth in the republic exceeded
    40 per cent. Foreign investment commands almost two thirds of the
    industrial growth. The amount of foreign investment over the last few
    years is approaching 50m dollars. Among major investors are the USA,
    Russia, Lebanon, Belgium, Switzerland, Iran, France, Australia,
    etc. Not a single foreign enterprise has suffered a failure in
    Nagornyy Karabakh so far, Anushavan Daniyelyan said.

    [Passage omitted: other industrial and agricultural statistics]

    Anushavan Daniyelyan added that the USA is the only country providing
    assistance to Nagornyy Karabakh at the state level. Most of US
    humanitarian assistance is spent on restoring the residential
    settlements and other important sites of the republic destroyed during
    the Azerbaijani-Karabakh conflict.

    From: Emil Lazarian | Ararat NewsPress
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