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Economy Minister Nerses Yeritsian Says Tax And Customs Reforms Remai

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  • Economy Minister Nerses Yeritsian Says Tax And Customs Reforms Remai

    ECONOMY MINISTER NERSES YERITSIAN SAYS TAX AND CUSTOMS REFORMS REMAIN GOVERNMENT'S MAJOR PRIORITIES

    ARMENPRESS
    July 8

    Economy Minister Nerses Yeritsian said today tax and customs reforms
    continue to remain the government's major priorities. Speaking at a
    news conference he said their successful implementation is aimed at
    improving Armenia's business environment.

    He said a special package of reforms was developed specifically to
    address business environment improvement. They define clearly all
    targets and will be put to public debates later this month.

    The minister said business environment improvement does not suppose
    only tax and customs reforms as special changes should be made to
    improve also state dues and fees collections.

    He said there are three ways of improving the state of things in
    these areas which will lead to making Armenia a place where working
    correctly and in line with laws will be honorable and profitable.

    One of the ways is to support entrepreneurship promotion and
    development. The second way is the effective protection of intellectual
    property and the third is introduction of e-government.

    The minister spoke also about the necessity of giving support to small
    and medium-sized businesses through tax administration reforms. He
    said contacts between the government and private sector should become
    more active.

    He then spoke about boosting information technology and tourism
    industries, as well as reviving Armenia's once famous chemical industry
    with the focus on production of medications.
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