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Memorandum signed in Yerevan for protection of SMEs

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  • Memorandum signed in Yerevan for protection of SMEs

    Memorandum signed in Yerevan for protection of small- and mid-scale businesses

    YEREVAN, October 17. /ARKA/. Armenian State Commission for Protection
    of Economic Competition, the Center for European Law and Integration
    of Yerevan State University and Brave juridical company signed a
    trilateral memorandum on Friday.

    The memorandum implies protection of small and medium enterprises from
    monopoly abuse.

    `This memorandum implies completely new state approach to small and
    medium enterprises' problems,' said Ashot Shahnazaryan, the chairman
    of the antitrust commission.

    Arthur Ghazinyan, the director of Center for European Law and
    Integration of Yerevan State University, said the center provides
    consultations to the commission as well as small and medium
    enterprises.

    `Our commitment is to provide our partners with necessary information
    and studies to make competition more effective,' he said. -0--
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