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State Is Willing To Fully Support The Development Of Business. Armen

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  • State Is Willing To Fully Support The Development Of Business. Armen

    STATE IS WILLING TO FULLY SUPPORT THE DEVELOPMENT OF BUSINESS. ARMENIAN PRIME

    18:33, 23 January, 2013

    YEREVAN, JANUARY 23, ARMENPRESS: Conference with participation
    of representatives of Armenian industrial enterprises led by Prime
    Minister of the Republic of Armenia Tigran Sargsyan took place in the
    government. As Armenpress was informed from informational and public
    relations department of Armenian government, greeting the presents
    Head of government mainly noted "Our today's meeting is aimed at the
    discussion of the issue how government may support you in order to
    increase the industrial efficiency, physical amount of production and
    to contribute export growth. State is ready to provide you with its
    full support. For the first time we implemented such measures in 2009.

    We provided credit resources, the state guarantees, tried to assist
    enterprises; that programs did have certain achievements. Second thing
    we did was the launch of negotiations with importers on switching to
    the export field. Many importers responded to our suggestion. It was
    essential for the balance of payments".

    Prime Minister has also highlighted that Ministry of Economy is
    instructed to make a detailed analysis of the imported goods which our
    country can produce itself. Tigran Sargsyan assured all new programs
    and ideas would be discussed.

    Arsen Ghazaryan, Chairman of Armenian Industrialists and Entrepreneurs
    (Employers) Union expressed gratitude for such opportunity. Afterwards
    participants had a discussion during which businessmen presented
    issues and concerns of companies led by them as well as made some
    suggestions on long-term business plans.

    Prime Minister of Armenia noted that World Bank had made analysis on
    the development of business environment in Armenia and stated that
    top 3 most serious obstacles were corruption, bureaucratic issues
    and access to financial resources. Thus, availability of financial
    resources had become more serious issue than Tax and Customs
    Administration.


    From: Baghdasarian
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