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  • Armenian Prime Minister: Armenia Should Become The Most Attractive C

    ARMENIAN PRIME MINISTER: ARMENIA SHOULD BECOME THE MOST ATTRACTIVE COUNTRY FOR BUSINESS IN THE REGION

    Arminfo
    2008-05-16 09:31:00

    ArmInfo. The Armenian government should create favorable conditions
    for Armenia to become the most attractive country for business in the
    region, Armenian Prime Minister Tigran Sargsyan said at the session
    of the council for the support of entrepreneurship under the RA
    government, Thursday.

    "Armenia has competitive restrictions in the region. A lot of
    businesses are more expensive in Armenia than in the neighboring
    countries. In this connection, we should create favorable conditions
    for business in order to make entrepreneurship in Armenia more
    profitable than in the neighboring countries. We intend to form
    a business-climate which will not only be acknowledged the best
    one in the region, but will compete in the international arena",
    Sargsyan said.

    As the governmental press-release says, it is for authoritative
    international structures to assess the reforms. On the basis of
    their assessments, the government will reveal the comparative
    advantages and disadvantages. "I assure you that this is one of
    the government's priority tasks", Sargsyan said. He noted that the
    government is going to submit a conception of tax administration
    development for consideration of business circles. A monitoring
    group will be set up under the prime minister, which will control the
    tax and customs administration in the country. In addition, a direct
    hotline will be created for complaints and proposals. Sargsyan promised
    drastic reforms in this sphere. However, no reforms will be possible
    without the support of the business and the public. The taxation and
    customs authorities must learn to work and think in a new way and
    stop collating with businessmen to the detriment of the state. The
    government is going to substantially toughen fines for violations
    but on the other hand to significantly increase the wages. "We have
    a strong instrument in our hands - publicity. We hope that it will
    help us to enlist public support for our reforms," Sargsyan said.

    Representatives of the Taxation Service and the Customs Committee,
    AEPLAC, EBRD and other organizations took part in the meeting.

    From: Emil Lazarian | Ararat NewsPress
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