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Armenia's economic environment favorable for foreign investments

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  • Armenia's economic environment favorable for foreign investments

    ARKA News Agency
    Sept 14 2005

    ARMENIA'S ECONOMIC ENVIRONMENT FAVORABLE FOR FOREIGN INVESTMENTS:
    TATUL MARGARYAN

    YEREVAN, September 14. /ARKA/. Armenia's economic environment is
    favorable for foreign investments, RA Ambassador to the USA Tatul
    Margaryan said at his meeting with OPIC President Ross Conelli.
    During the meeting, the Ambassador pointed out that due to the
    Government-implemented reforms Armenia is now the leader among
    transitional economies.
    In his turn, the OPIC President expressed willingness to promote US
    investments in Armenia's economy, cooperate in enhancing the
    awareness of US business circles of the OPIC-implemented programs in
    Armenia. The OPIC's largest-scale project in Armenia is the funding
    of the remodeling of the Marriot-Armenian Hotel. P.T. -0--
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