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Kocharian Discusses Enterpreneurship Boosting With Regional Busisnes

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  • Kocharian Discusses Enterpreneurship Boosting With Regional Busisnes

    KOCHARIAN DISCUSSES ENTREPRENEURSHIP BOOSTING WITH REGIONAL BUSINESSMEN

    Armenpress
    Jun 21 2006

    YEREVAN, JUNE 21, ARMENPRESS: The press office of the Armenian
    president said Robert Kocharian met today with a group of businessmen
    to discuss ways to boost development of small and medium-sized
    entrepreneurship.

    Kocharian cited official figures which say that small and medium
    sized businesses constitute 40 percent of the overall GDP and 16
    percent of exports.

    These figures, according to the president, testify to the dynamic
    development of this sector. "It is very difficult to find someone
    in Armenia who would not like to run his own business and in this
    sense it is a strong aspiration to manage their own destiny and this
    can become a serious incentive to enhancing small and medium-sized
    businesses," he was quoted as saying.

    Kocharian urged the businessmen, who arrived from all Armenian
    regions, to start open debates on what blocks their businesses and
    what the government should do to eliminate them. The businessmen, in
    particular, complained of frequent inspections by financial inspectors,
    inaccessibility of regional businessmen to skilled advice and some
    legislative shortcomings.

    The press office said Kocharian and businessmen discussed in detail
    the question of low interest loans and expansion of leasing services,
    as well as fluctuations of US Dollar-Armenian dram exchange rates. In
    the end Kocharian promised that all raised issues will be discussed
    once again and final solutions will be found.
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