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Armenian Economy Is Conducive For Trade, Investment And Technologica

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  • Armenian Economy Is Conducive For Trade, Investment And Technologica

    ARMENIAN ECONOMY IS CONDUCIVE FOR TRADE, INVESTMENT AND TECHNOLOGICAL INNOVATION. JEAN-MICHEL HAPPI

    20:53, 4 December, 2012

    YEREVAN, DECEMBER 4, ARMENPRESS: Armenian economy has undergone serious
    transformations during last 20 years; a market environment has been
    formed thanks to inclusive growth and structural reforms, which today
    is conducive for trade, investment and technological innovation.

    Armenpress reports that this has been noted by World Bank's Country
    Manager for Armenia Jean-Michel Happi during the reception dedicated
    to the 20th anniversary of Armenian membership with World Bank.

    "We have passed a long way with Armenia, which was aimed to improve
    living standards. It is of crucial importance for the World Bank to
    witness the poverty reduction, improvements of public administration
    and infrastructure in Armenia. Yet, we acknowledge that there are still
    some challenges which have to be solved and the World Bank is willing
    to support Armenian government and nation" Jean-Michel Happi said.

    Armenian and World Bank have implemented 1, 6 billion dollar joint
    programs during last 20 years.

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