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RA Prime Minister Tigran Sargsyan Called A Consultative Meeting To D

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  • RA Prime Minister Tigran Sargsyan Called A Consultative Meeting To D

    RA PRIME MINISTER TIGRAN SARGSYAN CALLED A CONSULTATIVE MEETING TO DISCUSS A JEWELRY- AND DIAMOND PROCESSING INDUSTRY-RELATED AGENDA

    http://www.gov.am/en/news/item/4403/
    Frida y, 23 January 2009

    RA Prime Minister Tigran Sargsyan called a consultative meeting to
    discuss a jewelry- and diamond processing industry-related agenda. In
    attendance were top executives from this branch of economy, as well
    as the representatives of concerned ministries and agencies.

    According to the Prime Minister and sector representatives, the
    global turmoil is the chief reason behind the problems faced in our
    country. Those few tax privileges offered to the operators of this
    sector can no longer ensure sustained development in this area.

    "This sector enjoys quite serious output capacity in Armenia inclusive
    of highly skilled labor. As formerly we used to have numerous jobs
    in this area, we are now concerned about the future of this branch
    of economy," Tigran Sargsyan said by stressing that the existing
    bottlenecks inclusive of the problem of those 2 thousand workers
    employed in 45 line enterprises can be tackled by means of joint
    endeavors. We can have some progress as early as in 2009, and this
    is the main target of this meeting.

    In addition to providing an in-depth analysis of the international
    markets, RA Minister of Economy Nerces Yeritzyan outlined the overall
    state of affaires in Armenia and came up with a set of proposals
    aimed =0 D at mitigating the negative impact of the global financial
    and economic crisis.

    At the end of the meeting, Mr. Yeritzyan was told to join the Minister
    of Finance and the Head of State Revenue Committee by the Government
    in an effort to sum up the package of proposals discussed during the
    meeting and submit a well-scheduled action plan within two days' time.
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