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WB Gives Prior Importance To The Improvement Of Competitive Situatio

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  • WB Gives Prior Importance To The Improvement Of Competitive Situatio

    WB GIVES PRIOR IMPORTANCE TO THE IMPROVEMENT OF COMPETITIVE SITUATION IN ARMENIA

    ARMENPRESS
    Nov 30, 2009

    YEREVAN, OCTOBER 30, ARMENPRESS: Chairman of the Armenian Economic
    Competitiveness Commission David Harutyunyan conducted today its first
    official meeting in this office receiving the head of the World Bank
    Armenian Office Aristomene Varudakis.

    Press secretary of the commission Armine Udumyan told Armenpress
    that in Armenia the competitive situation and the authorities of the
    commission need to be reformed: "And I think that we have a long way
    to pass in this issue." WB office director noted that today they may
    put the first point of the next round of cooperation.

    A. Varudakis said that WB has a program of working with Armenia where
    in the action program a prior importance is given to the improvement
    of competitive situation. "There is an objective to encourage new
    investment programs which is very important for promoting developing
    of business, and competitiveness especially in the pre-context of
    possible opening of border with Turkey," he said.

    The chairman of the commission said that with the cooperation of the
    World Bank on the way of improvement of the competitiveness there is a
    goal to solve a number of important issues, strengthen the authorities
    of the commission, its skills, clarify the mechanisms of applying them,
    increase the level of professional skills of the specialists, etc.

    Within the framework of cooperation a memorandum will be signed.

    From: Emil Lazarian | Ararat NewsPress
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