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Armenia 59th In Global Enabling Trade Report 2012

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  • Armenia 59th In Global Enabling Trade Report 2012

    ARMENIA 59TH IN GLOBAL ENABLING TRADE REPORT 2012

    armradio.am
    23.05.2012 18:15

    Armenia ranks 59th among 132 countries in the Global Enabling Trade
    Report 2012 published by the World Economic Forum. Armenia is ahead
    of most CIS countries - Moldova (76th), Azerbaijan (88th), Ukraine
    (86th), Kazakhstan (105th), Tajikistan (110th), Kyrgyzstan (111th)
    and Russia (112th).

    The World Economic Forum's Global Enabling Trade Report series focuses
    on measuring whether economies have in place the necessary attributes
    for enabling trade and where improvements are most needed.

    A widely used reference, the report helps countries in their efforts
    to integrate global value chains and companies with their investment
    decisions. It is intended to be used as a motivator for change and
    a foundation for dialogue.

    Under the theme "Reducing Supply Chain Barriers", The Global Enabling
    Trade Report 2012 explores how the globalization of value chains
    impacts measurement of trade and overall trade policies, as well as
    addresses logistics investments, customs administration and state of
    the merchant fleet.

    Through the methodological framework of the Enabling Trade Index,
    this year's report measures the extent to which 132 economies have
    in place the institutions, policies and services to facilitate the
    free flow of goods over borders and to destination.

    Singapore topped the index, followed by Hong Kong SAR. Denmark and
    Sweden, placing third and fourth, respectively, showed excellent
    performance based on their strong business environments, efficient
    border administrations and highly developed infrastructures.




    From: A. Papazian
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