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Armenia has to step up reforms and improve business environment: U.S. Ambassador
YEREVAN, May 17./ARKA/. U.S. Ambassador to Armenia John Heffern agrees
with the International Monetary Fund that has urged Armenian
government to step up reforms, particularly related to business
environment improvement.
Business environment should be, certainly, improved, in Armenia as
well, he told reporters on Friday following his visit to «Coca-Cola
Hellenic Bottling Company Armenia» company.
Heffern stated he mentions the necessity to foster market competition,
customs and tax reforms each time he meets with the government
officials.
He added the main economic principle is that prices drop and quality
rises as a result of competition.
The government is open to dialogues and is about to implement reforms,
the United States are ready to support these efforts, the ambassador
said replying to ARKA.
IMF urged Armenian government to step up the reforms and singled out
the list of challenges for the republic. The document was signed by
Mark Horton, IMF Mission Chief to Armenia and Guillermo Tolosa, IMF
Resident Representative in Armenia. Among the main challenges,
according to IMF, are high rates of unemployment, poverty and
emigration. - 0-
YEREVAN, May 17./ARKA/. U.S. Ambassador to Armenia John Heffern agrees
with the International Monetary Fund that has urged Armenian
government to step up reforms, particularly related to business
environment improvement.
Business environment should be, certainly, improved, in Armenia as
well, he told reporters on Friday following his visit to «Coca-Cola
Hellenic Bottling Company Armenia» company.
Heffern stated he mentions the necessity to foster market competition,
customs and tax reforms each time he meets with the government
officials.
He added the main economic principle is that prices drop and quality
rises as a result of competition.
The government is open to dialogues and is about to implement reforms,
the United States are ready to support these efforts, the ambassador
said replying to ARKA.
IMF urged Armenian government to step up the reforms and singled out
the list of challenges for the republic. The document was signed by
Mark Horton, IMF Mission Chief to Armenia and Guillermo Tolosa, IMF
Resident Representative in Armenia. Among the main challenges,
according to IMF, are high rates of unemployment, poverty and
emigration. - 0-