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Baghdasaryan Doesn't Think Armenian Legal System Is HamperingCountry

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  • Baghdasaryan Doesn't Think Armenian Legal System Is HamperingCountry

    BAGHDASARYAN DOESN'T THINK ARMENIAN LEGAL SYSTEM IS HAMPERING COUNTRY'S DEVELOPING

    ARKA News Agency, Armenia
    Oct 17 2005

    YEREVAN, October 17. /ARKA/. Armenian National Assembly Speaker
    Arthur Baghdasaryan doesn't think Armenian legal system is barring
    the country from developing, he said at A Common Future conference
    in Yerevan. At the same time, he noted that the system needs a major
    reformation to become a guarantor of lawfulness in the country.

    Baghdasaryan stressed the importance of the crackdown on corruption
    and economic mergers having monopolistic ambitions. "We have to
    do whatever necessary to develop free economic market and form
    offshore investors' trust", the lawmaker said. In his opinion,
    favorable environment for investments is already created in Armenia,
    but to retain this status Armenia should increasingly build up the
    crackdown on corruption. "Government should become a partner to an
    entrepreneur", Baghdasaryan said. That's why it is necessary to rid
    the republic of corruption, he said. He attached a great importance to
    struggle aginst corruption pointing out the need of rooting out it to
    pave the way for free development of economic market and creation of
    independent legal system, in which an entrepreneur will feel himself
    shielded by the law.

    From: Emil Lazarian | Ararat NewsPress
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