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Armenia Is In Western Europe'S Neighborhood In "Doing Business Repor

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  • Armenia Is In Western Europe'S Neighborhood In "Doing Business Repor

    ARMENIA IS IN WESTERN EUROPE'S NEIGHBORHOOD IN "DOING BUSINESS REPORT" - ECONOMY MINISTER

    news.am
    October 25, 2012 | 12:54

    YEREVAN. - Armenia has appeared in the neighborhood of Western European
    countries, right after the Netherlands and right before Belgium,
    in the World Bank's "Doing Business Report 2013," Economy Minister
    Tigran Davtyan stated during a press conference on Thursday.

    In his words, this year Armenia is a leading country in the report in
    terms of progress rate, as it jumped up eighteen points at once. Owing
    to this, the country has the best indicator among the CIS. Armenia
    is among the regional leaders, too, and solely Armenia and Georgia
    have recorded progress.

    As per Davtyan, in the "Doing Business Report 2013" Armenia has strong
    indicators with respect to construction permits, investment protection,
    and property registration. But the indicators are relatively lower in
    electricity connection, and in the tax, customs, and judicial sectors.

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