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Hrant Bagratyan. I am back. my upcoming plans

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  • Hrant Bagratyan. I am back. my upcoming plans

    Hrant Bagratyan. I am back. my upcoming plans

    12:25 pm | March 16, 2013 | Politics


    Hrant Bagratyan's Facebook post.

    Dear Facebook Armenians, I am back. By the way I will make a business
    trip for 8-9 days in a few days.

    There is not enough time. A few words about the upcoming plans.

    Now I'm working intensively on a legislative initiative, which
    consists of 100 steps. A law draft is already ready in which there is
    a suggestion to prohibit offshore companies' activity in mining
    industry of Armenia. You know that recently these companies' activity
    in West have simply the objective to export legally the resources of
    the developing. A number of Western countries (USA, France, Italy,
    etc.) are still fighting against it. During the meetings G-20 in April
    2009 in London and in September in Pittsburg a fair claim was raised
    to eliminate offshore.

    These are the causes of the crisis. However you see that the offshore
    territories are developing. To the traditional Switzerland (this is an
    unacceptable bank offshore) Luxembourg, the Czech Republic, Virgin
    Islands, Liechtenstein, Andorra, Cayman Islands, Belize, Aruba,
    Maldivians, Palau, Iceland, Grenada, Gibraltar etc. Being registered
    in offshore and leading activities outside it non-resident companies
    have the opportunity to hide taxes and export capital gains from
    mother countries: Armenia's mining industry is like this.

    If it were a good thing U.S., China (excluding previously registered 1
    port offshore), Canada, Brazil, France, Japan, Germany will make that
    business. For instance in 2013 RA economy is growing but come and see
    that this ungrateful nation sees the growth and ... emigrates.
    Moreover such a start of migration we have never had.

    What is actually happening?

    People are looting the mines day and night, sell their products very
    cheap to their offshore counterparts and then from there they are
    selling the products with real prices. And such an economic growth
    naturally does not help to people, even though they are plundering and
    selling people's own properties. In the initial period it is necessary
    to prohibit the activities of the offshore companies in mining
    industry and later also in finance and other fields.

    For instance, opening a bank account in Switzerland should be
    criminally punishable. Parallel to all that should be introduced
    minimal export prices for mining resources.

    There is other good news: your humble servant is going to be taken
    into consideration more as an expert in EU's different countries'
    forums.

    This issue will be discussed in details in the near future.

    http://www.a1plus.am/en/politics/2013/03/16/hrant


    From: Baghdasarian
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