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Republic Of Armenia Prime Minister Tigran Sargsyan Attended The 30th

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  • Republic Of Armenia Prime Minister Tigran Sargsyan Attended The 30th

    REPUBLIC OF ARMENIA PRIME MINISTER TIGRAN SARGSYAN ATTENDED THE 30TH JUBILEE SESSION OF THE CIS INTERSTATE COUNCIL ON ANTI-MONOPOLY POLICY IN YEREVAN

    http://www.gov.am/en/news/item/4904/
    Wedn esday, 7 October 2009

    Republic of Armenia Prime Minister Tigran Sargsyan attended the 30th
    jubilee session of the CIS interstate council on anti-monopoly policy
    in Yerevan.

    Addressing those present, the head of government said it to be
    important that such a key gathering is being held in Armenia and added
    in particular, "We are concerned about the existence of monopolies in
    the Armenian economy which are caused by the black economy and limited
    access to international markets due to logistical bottlenecks. Small
    and medium-size entities cannot afford to bring in goods only through
    Georgia and Iran as they are too expensive, and the field proves to
    be left to major actors.

    Armenia's geopolitical situation is another impediment to economic
    competition inside the country."

    The Prime Minister stressed that the crisis may create serious
    incentives for the conduct of anti-monopoly policies and
    implementation of ambitious programs. According to him, the
    government's internationally hailed anti-crisis action seeks to
    diversify the national economy, prop up small and medium-size
    businesses by enabling broader access to borrowed funds.

    Much has to be done yet in the field of tax and customs reforms. The
    countr y's overall competitiveness was said to have been maintained
    in spite of the fall caused by the ongoing financial and economic
    downturn.

    The meeting was attended by public stakeholders from Belarus,
    Kazakhstan, Kyrgyzstan, Moldova, the Russian Federation,
    Tajikistan, Ukraine, as well as from other such agencies or
    competitiveness-handling entities of some non-member countries.
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