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ARMENIA'S ECONOMIC BASIS SHOULD BE STATE-PRIVATE SECTOR PARTNERSHIP - ECONOMIST
July 02, 2013 | 14:23
YEREVAN. - The state-private sector partnership should be the basis for
Armenia's economy, chairman Vazgen Safaryan of the Union of Domestic
Goods Producers stated during a press conference on Tuesday.
With this model, Armenia's large enterprises, which are left from
the Soviet times, will cease to overload the economy and they will
transform from monopolies into open joint-stock companies.
"[The] Nairit [rubber plant], which is a monopoly not solely in Armenia
but all through the CIS, is a vivid example. If possessing the assets
of these enterprises is not removed from the community, they would
be of a much larger benefit to the country," Safaryan concluded.
News from Armenia - NEWS.am
July 02, 2013 | 14:23
YEREVAN. - The state-private sector partnership should be the basis for
Armenia's economy, chairman Vazgen Safaryan of the Union of Domestic
Goods Producers stated during a press conference on Tuesday.
With this model, Armenia's large enterprises, which are left from
the Soviet times, will cease to overload the economy and they will
transform from monopolies into open joint-stock companies.
"[The] Nairit [rubber plant], which is a monopoly not solely in Armenia
but all through the CIS, is a vivid example. If possessing the assets
of these enterprises is not removed from the community, they would
be of a much larger benefit to the country," Safaryan concluded.
News from Armenia - NEWS.am