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Armenian Business In Georgia

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  • Armenian Business In Georgia

    ARMENIAN BUSINESS IN GEORGIA

    The Messenger
    Dec 29 2010
    Georgia

    The economic situation in Armenia and its unfavorable environment,
    has forced local businessmen to relocate their business activities from
    Armenia, to places with better conditions. In this regard it has become
    evident a new tendency has emerged where Armenian businessmen prefer to
    start business in Georgia by relocating their activities from Armenia
    into the neighboring state. As Professor David Gasparian stated,
    around 200 businessmen have moved their activities into Georgia. The
    reason for such moves are due to a vividly better business environment
    in Georgia and therefore Armenian businessmen find it more attractive
    and profitable for them to conduct activities in Georgia.




    From: A. Papazian
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