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ARSEN NAZARYAN: " THE MEETING WILL HELP TO UNDERSTAND THE PROBLEMS OF BUSINESS ENVIRONMENT MORE CLEARLY"
Noyan Tapan
www.nt.am
09.06.2011
(Noyan Tapan - 09.06.2011) IFC Helps Armenia Simplify Export and
Import Procedures, Improving Investment Climate Yerevan, Armenia,
June 7, 2011-IFC, a member of the World Bank Group, is providing
advice to Armenia on how to simplify export and import procedures,
which would improve the investment climate in the country, stimulate
international trade, and boost economic development.
IFC's Armenia Regulatory Simplification - Doing Business Reform Project
hosted a roundtable meeting with the business community on June 7 to
discuss current issues and challenges in cross-border trade procedures,
and the reforms designed and implemented by Armenia to simplify export
and import procedures. The roundtable discussion brought together
representatives of various local businesses providing them with the
opportunity to exchange opinions regarding the implemented reforms
and identify the main issues that still need to be addressed as part
of the further reform process.
The IFC Project team worked closely with the Ministry of Economy,
the Customs Services and the private sector to identify key issues,
challenges and design and implement reform measures in cross-border
trade procedures and trade logistics supply chain. In this framework
IFC prepared the Import/Export Process Map, which summarizes key
issues and provides recommendation for their solutions. Along with
other issues the IFC project discussed the Map with the business
community representatives, encouraging an open dialogue to receive
their feedback on the impact of the implemented reforms and pinpoint
the areas that need further improvement.
"Many of IFC's recommendations have already been implemented, making
the process for export and import of goods more transparent and less
costly," said Arsen Nazaryan, IFC Armenia Doing Business Reform
and Regulatory Simplification Project Manager. "However, more can
be done and today's discussion will help us better understand the
challenges facing the business community. This feedback, along with
the Import/Export Process Map, will serve as a basis for designing
and implementing further short to medium term reform measures that
will help companies save time and resources."
The IFC Armenia Regulatory Simplification - Doing Business Reform
Project supports the business sector by providing advice to Armenia's
government on improving the investment climate. IFC is implementing
the project in partnership with the Austrian Ministry of Finance,
Netherlands Ministry for Development Cooperation, Luxemburg Ministry
of Finance, and the Consortium of Commercial Promotion of Catalonia.
Since Armenia became a member of IFC in 1995, IFC has invested 0
million in 24 projects across the industry spectrum including financial
markets, general manufacturing, energy, mining and chemicals. IFC
Advisory Services provide advice through projects focusing on the
financial sector, sustainable energy, and regulatory simplification.
Noyan Tapan
www.nt.am
09.06.2011
(Noyan Tapan - 09.06.2011) IFC Helps Armenia Simplify Export and
Import Procedures, Improving Investment Climate Yerevan, Armenia,
June 7, 2011-IFC, a member of the World Bank Group, is providing
advice to Armenia on how to simplify export and import procedures,
which would improve the investment climate in the country, stimulate
international trade, and boost economic development.
IFC's Armenia Regulatory Simplification - Doing Business Reform Project
hosted a roundtable meeting with the business community on June 7 to
discuss current issues and challenges in cross-border trade procedures,
and the reforms designed and implemented by Armenia to simplify export
and import procedures. The roundtable discussion brought together
representatives of various local businesses providing them with the
opportunity to exchange opinions regarding the implemented reforms
and identify the main issues that still need to be addressed as part
of the further reform process.
The IFC Project team worked closely with the Ministry of Economy,
the Customs Services and the private sector to identify key issues,
challenges and design and implement reform measures in cross-border
trade procedures and trade logistics supply chain. In this framework
IFC prepared the Import/Export Process Map, which summarizes key
issues and provides recommendation for their solutions. Along with
other issues the IFC project discussed the Map with the business
community representatives, encouraging an open dialogue to receive
their feedback on the impact of the implemented reforms and pinpoint
the areas that need further improvement.
"Many of IFC's recommendations have already been implemented, making
the process for export and import of goods more transparent and less
costly," said Arsen Nazaryan, IFC Armenia Doing Business Reform
and Regulatory Simplification Project Manager. "However, more can
be done and today's discussion will help us better understand the
challenges facing the business community. This feedback, along with
the Import/Export Process Map, will serve as a basis for designing
and implementing further short to medium term reform measures that
will help companies save time and resources."
The IFC Armenia Regulatory Simplification - Doing Business Reform
Project supports the business sector by providing advice to Armenia's
government on improving the investment climate. IFC is implementing
the project in partnership with the Austrian Ministry of Finance,
Netherlands Ministry for Development Cooperation, Luxemburg Ministry
of Finance, and the Consortium of Commercial Promotion of Catalonia.
Since Armenia became a member of IFC in 1995, IFC has invested 0
million in 24 projects across the industry spectrum including financial
markets, general manufacturing, energy, mining and chemicals. IFC
Advisory Services provide advice through projects focusing on the
financial sector, sustainable energy, and regulatory simplification.