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WORKSHOP ON RADICAL IMPROVEMENT OF BUSINESS ENVIRONMENT IN ARMENIA
Gov.am, Office of the Prime Minister of Armenia
Nov 25 2010
A Prime Minister Tigran Sargsyan-chaired consultative meeting was
held in the Office of Government on business environment improvement
in Armenia.
Prioritizing business environment improvement efforts, the Prime
Minister said that all the agencies were directed to take steps in
order to improve Armenia's Doing Business standing.
The head of government reminded that the President's electoral platform
had a key focus on improvement of Armenia's Doing Business standing
so that it could be promoted into the top ten of best performing
countries of the world. No progress has been recorded so far due to
the slow pace of reform in our country. Tax administration component
was said to be the most serious bottleneck on this way: Armenia is
the 159th in this respect. Our country is the 82nd for cross-border
trade performance indicator (21 points up). We have problems with
the protection of consumer rights with our 93rd standing on the list.
Construction licensing index is 6 points down to the 78th standing. We
are concerned about poor performance in terms of company closure,
lending accessibility and business startup. As far as ownership
registration is concerned, we are the 5th, a step down over last
year's result.
First Deputy Minister of Economy Karine Minasyan presented a draft
action plan on improvement of business environment in Armenia after
which opinions were exchanged on ways of simplifying business startup-
and development-related procedures, boosting small and medium-size
businesses, encouraging foreign trade, improving tax and customs
administration and so on.
Wrapping up the meeting, the Prime Minister ordered to set up task
forces composed of concerned agency representatives in order to
submit by next Friday proposals on radical improvement of business
environment in Armenia.
From: A. Papazian
Gov.am, Office of the Prime Minister of Armenia
Nov 25 2010
A Prime Minister Tigran Sargsyan-chaired consultative meeting was
held in the Office of Government on business environment improvement
in Armenia.
Prioritizing business environment improvement efforts, the Prime
Minister said that all the agencies were directed to take steps in
order to improve Armenia's Doing Business standing.
The head of government reminded that the President's electoral platform
had a key focus on improvement of Armenia's Doing Business standing
so that it could be promoted into the top ten of best performing
countries of the world. No progress has been recorded so far due to
the slow pace of reform in our country. Tax administration component
was said to be the most serious bottleneck on this way: Armenia is
the 159th in this respect. Our country is the 82nd for cross-border
trade performance indicator (21 points up). We have problems with
the protection of consumer rights with our 93rd standing on the list.
Construction licensing index is 6 points down to the 78th standing. We
are concerned about poor performance in terms of company closure,
lending accessibility and business startup. As far as ownership
registration is concerned, we are the 5th, a step down over last
year's result.
First Deputy Minister of Economy Karine Minasyan presented a draft
action plan on improvement of business environment in Armenia after
which opinions were exchanged on ways of simplifying business startup-
and development-related procedures, boosting small and medium-size
businesses, encouraging foreign trade, improving tax and customs
administration and so on.
Wrapping up the meeting, the Prime Minister ordered to set up task
forces composed of concerned agency representatives in order to
submit by next Friday proposals on radical improvement of business
environment in Armenia.
From: A. Papazian