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Armenian Index Is The Best Among Cis Countries In Doing Business 201

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  • Armenian Index Is The Best Among Cis Countries In Doing Business 201

    ARMENIAN INDEX IS THE BEST AMONG CIS COUNTRIES IN DOING BUSINESS 2013


    YEREVAN, OCTOBER 25, ARMENPRESS: In World Bank Doing Business 2013
    Armenia is ranked among Western European countries, following
    Netherlands, Belgium and bypassing France. " In the course of
    the recent years intensive work is being carried out aimed at
    improving business and investment climate, reportedly current rate
    of improvement shows that progress. These indexes are being improved
    two years incessant and this is already a qualitative change. Whether
    Armenia still has much room to develop in the spheres it has recovered
    visible progress " Tigran Davtyan, Minister of Economy of the Republic
    of Armenia stated, Armenpress reports.

    Armenia is the best among CIS countries in the frame of improving
    its positions. Kazakhstan having improved its position by 7 points is
    followed by Armenia, 49 th position, Moldova 83 position, Russia 112
    position, Ukraine 138 position, Tajikistan and Uzbekistan reportedly
    141-145 positions.

    Armenia is ranked as the second in the region after Georgia. In
    comparison with the previous year Azerbaijan has retreated by one
    position. Turkey and Iran have also jointly retreated their positions.

    Armenian progress is due to investment, small business advocacy and
    serious reforms recorded in other areas.

    We must not be satisfied with 32 position Tigran Sargsyan , Prime
    Minister of the Republic of Armenia came forth in the course of
    Government session. By the instruction of Armenian PM the list of the
    actions aimed at improving investment and business climate should be
    enhanced and reached the target point thus to be ranked in the 20nd
    position in World Bank's International Financial Corpporation report.

    According to International Financial Corporation of the World Bank
    Armenia has improved its position by 18 points.

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