Tweet
ARMENIA'S LAWS NOT APPLIED SAME WAY FOR ALL, CANADIAN-ARMENIAN BUSINESSMAN SAYS
Tert.am
02.05.11
It is important that laws apply to all people in the same way, Jo
Yalkezyan, the president of the Audentium Financial Corp and the
chairman of the Canadian-Armenian Business-Council, says.
"I don't want to enjoy special privileges in Armenia just because I
make investments here as a Diaspora representative," Yalkezyan told
Tert.am in an interview. "The laws have to protect all. And in that
case, Armenians would have so much business advantages that they
would not seek Diaspora's investments."
The businessman finds monopolies a major impediment to Armenia's
economic development.
"Unless monopolies are broken up, Armenians will keep leaving the
country. If there's no monopoly and everyone is free to work, Armenia
will have 6 million working people. But instead of 6 million working
people, what we have now are a few monopolists," he added.
The businessman further spoke of the major challenges in Armenia's
economy.
"The country's development has stalled. If this continues, we may lose
our country one day. Who is to protect Armenia if people are fleeing?"
A delegation of around 30 Diaspora Armenian business people, headed by
the chairman of Canadian Armenian Business-Council, is now in Yerevan
to attend the founding conference aimed at creating an Armenian
trade network.
From: A. Papazian
Tert.am
02.05.11
It is important that laws apply to all people in the same way, Jo
Yalkezyan, the president of the Audentium Financial Corp and the
chairman of the Canadian-Armenian Business-Council, says.
"I don't want to enjoy special privileges in Armenia just because I
make investments here as a Diaspora representative," Yalkezyan told
Tert.am in an interview. "The laws have to protect all. And in that
case, Armenians would have so much business advantages that they
would not seek Diaspora's investments."
The businessman finds monopolies a major impediment to Armenia's
economic development.
"Unless monopolies are broken up, Armenians will keep leaving the
country. If there's no monopoly and everyone is free to work, Armenia
will have 6 million working people. But instead of 6 million working
people, what we have now are a few monopolists," he added.
The businessman further spoke of the major challenges in Armenia's
economy.
"The country's development has stalled. If this continues, we may lose
our country one day. Who is to protect Armenia if people are fleeing?"
A delegation of around 30 Diaspora Armenian business people, headed by
the chairman of Canadian Armenian Business-Council, is now in Yerevan
to attend the founding conference aimed at creating an Armenian
trade network.
From: A. Papazian