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OSCE-SUPPORTED 'REGULATORY GUILLOTINE' LAUNCHED IN ARMENIA
hetq
18:15, November 3, 2011
YEREVAN, 3 November 2011 - Promoting good economic governance in
Armenia through the rapid regulatory simplification mechanism, also
known as a "regulatory guillotine", is the aim of a project supported
by the OSCE Office in Yerevan launched today in Yerevan.
In response to the Armenian Government's request, the OSCE Office
inYerevaninvited a leading international expert in regulatory reform
in February to carry out a rapid assessment ofArmenia's business
environment and tools for creating better state regulatory management
system. The assessment concluded that many outdated and contradictory
regulations impede business development in the country and that
regulations should be streamlined inArmenia.
"By signing this letter of intent today, the OSCE pledges to support
the government's efforts to carry out regulatory reforms, which will
increase accountability and transparency, decrease corruption risks and
makeArmeniaattractive to foreign investors. The "regulatory guillotine"
has been performed in many countries worldwide and has resulted in
an increase in business activities and foreign direct investment,"
said Carel Hofstra, the Acting Head of the OSCE Office inYerevan.
The project will involve reviewing and streamlining the national
regulatory frameworks affecting business activity and the daily lives
of people in the country. Throughout the duration of the project, which
will begin activities on 1 December and continue until 31 November
2013, a Joint Dialogue Forum will be supported to facilitate the
exchange of information and further discussions between stakeholders.
Alongside the OSCE Office in Yerevanand the Armenian Government,
the letter of intent was signed by the Austrian Development Agency
and the local presences of USAID, the World Bank and UNDP.
For more information please contact Gohar Avagyan, National Public
Information Officer, at 22 96 10/ 11/12/13/14 ext. 5406, mob. (091)
436389.
From: Emil Lazarian | Ararat NewsPress
hetq
18:15, November 3, 2011
YEREVAN, 3 November 2011 - Promoting good economic governance in
Armenia through the rapid regulatory simplification mechanism, also
known as a "regulatory guillotine", is the aim of a project supported
by the OSCE Office in Yerevan launched today in Yerevan.
In response to the Armenian Government's request, the OSCE Office
inYerevaninvited a leading international expert in regulatory reform
in February to carry out a rapid assessment ofArmenia's business
environment and tools for creating better state regulatory management
system. The assessment concluded that many outdated and contradictory
regulations impede business development in the country and that
regulations should be streamlined inArmenia.
"By signing this letter of intent today, the OSCE pledges to support
the government's efforts to carry out regulatory reforms, which will
increase accountability and transparency, decrease corruption risks and
makeArmeniaattractive to foreign investors. The "regulatory guillotine"
has been performed in many countries worldwide and has resulted in
an increase in business activities and foreign direct investment,"
said Carel Hofstra, the Acting Head of the OSCE Office inYerevan.
The project will involve reviewing and streamlining the national
regulatory frameworks affecting business activity and the daily lives
of people in the country. Throughout the duration of the project, which
will begin activities on 1 December and continue until 31 November
2013, a Joint Dialogue Forum will be supported to facilitate the
exchange of information and further discussions between stakeholders.
Alongside the OSCE Office in Yerevanand the Armenian Government,
the letter of intent was signed by the Austrian Development Agency
and the local presences of USAID, the World Bank and UNDP.
For more information please contact Gohar Avagyan, National Public
Information Officer, at 22 96 10/ 11/12/13/14 ext. 5406, mob. (091)
436389.
From: Emil Lazarian | Ararat NewsPress