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Economic Freedom in Armenia Highest among Transitional States

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  • Economic Freedom in Armenia Highest among Transitional States

    ARMENIAN AMBASSADOR TO USA: ECONOMIC FREEDOM IN ARMENIA
    HIGHEST IN LIST OF TRANSITIONAL STATES

    YEREVAN, SEPTEMBER 14. ARMINFO. Armenian Ambassador to the USA Tatul
    Margaryan met with Head of the Overseas Private Investment
    Corporation, an independent US Government agency, Ross Connelly,
    Tuesday. The press-service of the Armenian Foreign Ministry told
    ARMINFO, during the meeting, the Ambassador stated that due to the
    reforms by the Armenian Government, the country is in the lead of the
    group of the transitional states as to economic freedom. The economic
    field of Armenia is favorable for foreign investments, the Ambassador
    said.

    In his turn, Ross Connelly expressed readiness on behalf of OPIC to
    stimulate investments of American businessmen in the economy of
    Armenia, as well as the cooperation to upgrade the awareness of
    American businessmen of the programs OPIC implements in Armenia. The
    largest of the programs is financing of the Marriott-Armenia repairs.

    According to the economic freedom rating prepared by the US Heritage
    Fund, Armenia ranks the first in the CIS, and in the 44th place among
    155 countries in the world.
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