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PRIME MINISTER'S CIVIL CHARM ATTRACTS NO MORE
Naira Hayrumyan
Story from Lragir.am News:
http://www.lragir.am/index.php/eng/0/country/view/28318
13:30 06/12/2012
The Armenian hi-tech prime minister has left for Germany and the U.S.
to attract investments in IT. Before him, the U.S. ambassador John
Heffern had left for the U.S. to prepare the Armenian community for
the visit of the PM. The U.S. will not invest in Armenia others'
capital if it can sway Armenians to invest "their" own money.
Will the Armenian community agree to invest? Hardly so because the
Armenian community follows the court processes relating to the Diaspora
investors, such as Narek Hartunian, Edmond Khudyan and Vartan Oskanian.
The Armenian community cannot but see that the Diaspora investments in
Armenia are not protected. Actually, over the recent years, Eduardo
Eurnekian has been able to protect his investments in Armenia and
get profit but perhaps he has worked with the authorities in the
"Latin American" style, which is similar to the Armenian style.
Before leaving for the U.S. to collect investments, the prime
minister had better call a meeting of law enforcement bodies and
advise them to be more attentive to the cases of investors. Perhaps,
he is unable to do that because, as investors say, the other end of
needles of corruption schemes with the help of which they are robbed
are linked to the presidential administration. Without such a meeting
and security of investments, the premier's visit to the U.S. will
just be a glamorous Christmas trip.
The authorities do all kinds of demonstrative steps to attract IT
capital to Armenia, but they don't take up any concrete means. They
facilitated the investments in the mining sphere so much that all
the foreign investments go there.
Tigran Sargsyan's image is good against sometimes illiterate Armenian
political figures who are praised by Europeans for their optimism and
human kindness. With this image, Armenia seems to have diversified the
economy, which, according to the premier, was a "bubble" before 2008.
But this diversification has led to decline of building, investments,
lack of infrastructural projects, and reckless exploitation of
mineral resources. Over these five years the income of the population,
salaries and pensions, did not have an increase while prices soared
and emigration rate went up.
The prime minister should understand that his image does not help
any more, that the reduction of investments is a sign of lack of
confidence in his policies and no one will be fooled by impressive
references to famous international organizations, Wozniak's visit to
Armenia and else.
Naira Hayrumyan
Story from Lragir.am News:
http://www.lragir.am/index.php/eng/0/country/view/28318
13:30 06/12/2012
The Armenian hi-tech prime minister has left for Germany and the U.S.
to attract investments in IT. Before him, the U.S. ambassador John
Heffern had left for the U.S. to prepare the Armenian community for
the visit of the PM. The U.S. will not invest in Armenia others'
capital if it can sway Armenians to invest "their" own money.
Will the Armenian community agree to invest? Hardly so because the
Armenian community follows the court processes relating to the Diaspora
investors, such as Narek Hartunian, Edmond Khudyan and Vartan Oskanian.
The Armenian community cannot but see that the Diaspora investments in
Armenia are not protected. Actually, over the recent years, Eduardo
Eurnekian has been able to protect his investments in Armenia and
get profit but perhaps he has worked with the authorities in the
"Latin American" style, which is similar to the Armenian style.
Before leaving for the U.S. to collect investments, the prime
minister had better call a meeting of law enforcement bodies and
advise them to be more attentive to the cases of investors. Perhaps,
he is unable to do that because, as investors say, the other end of
needles of corruption schemes with the help of which they are robbed
are linked to the presidential administration. Without such a meeting
and security of investments, the premier's visit to the U.S. will
just be a glamorous Christmas trip.
The authorities do all kinds of demonstrative steps to attract IT
capital to Armenia, but they don't take up any concrete means. They
facilitated the investments in the mining sphere so much that all
the foreign investments go there.
Tigran Sargsyan's image is good against sometimes illiterate Armenian
political figures who are praised by Europeans for their optimism and
human kindness. With this image, Armenia seems to have diversified the
economy, which, according to the premier, was a "bubble" before 2008.
But this diversification has led to decline of building, investments,
lack of infrastructural projects, and reckless exploitation of
mineral resources. Over these five years the income of the population,
salaries and pensions, did not have an increase while prices soared
and emigration rate went up.
The prime minister should understand that his image does not help
any more, that the reduction of investments is a sign of lack of
confidence in his policies and no one will be fooled by impressive
references to famous international organizations, Wozniak's visit to
Armenia and else.