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ARMENIA'S ECONOMY MORE LIBERAL THAN EU COUNTRIES' ECONOMIES
YEREVAN, October 17. /ARKA/. Armenia's economy is more liberal than
EU countries' economies, Beatriz Paglieri, the head of the Argentine
Economy Ministry's Foreign Trade Secretariat, said Thursday in Yerevan
at the first Armenian-Argentine Business Forum.
"The Armenian economy is more liberal than the EU economies, which
create obstacles for exports and cooperation with Argentina," she said.
Paglieri said that Argentina faces some difficulties in exporting
its goods to EU countries, the United States and Japan because of
the imposed restrictions, including customs regime.
Garegin Melkonyan, Armenian deputy economy minister, on his side,
said that Armenia's tax and customs laws are flexible enough, and
there is favorable environment for investment ion he country.
"We have high opportunities for entering Russia's market, and
cooperation with the European Union gives us room for exports,
since there are certain preferential export regimes for more than
300 varieties of Armenian goods," he said adding that membership in
the Customs Union will is very promising for Armenia.
Voicing satisfaction at the developed laws, trade relations between
Armenia and Argentina are quite weak because of countries locations
and few business ties.
The first Armenian-Argentine Business Forum was launched today and
will be wrapped up on Saturday.
Representatives of pharmaceutical, textile and meat-producing companies
as well as other businesses gathered in Yerevan for this forum.
The event is organized by Armenian Development Agency and Argentina's
Embassy in Yerevan.
The National Statistical Service of Armenia says Argentina was the
biggest investor in the real sector of Armenia's economy in the
first half of this year. Its investments here totaled $76.1 million
in Jan-June 2013 after growing 10.4 times, compared with the same
period a year before.
Argentina's direct investments in Armenia have grown 67.2% to $8.2
million.
Argentine investments are intended for development of air transport
($72.3 million) and for construction of houses ($565,000), and
$3.3 million has been invested in plant-growing and cattle-breeding
businesses, hunting and related services. ----0---
- See more at:
http://arka.am/en/news/economy/armenia_s_economy_more_liberal_than_eu_countries_e conomies/#sthash.Fb98utSW.dpuf
YEREVAN, October 17. /ARKA/. Armenia's economy is more liberal than
EU countries' economies, Beatriz Paglieri, the head of the Argentine
Economy Ministry's Foreign Trade Secretariat, said Thursday in Yerevan
at the first Armenian-Argentine Business Forum.
"The Armenian economy is more liberal than the EU economies, which
create obstacles for exports and cooperation with Argentina," she said.
Paglieri said that Argentina faces some difficulties in exporting
its goods to EU countries, the United States and Japan because of
the imposed restrictions, including customs regime.
Garegin Melkonyan, Armenian deputy economy minister, on his side,
said that Armenia's tax and customs laws are flexible enough, and
there is favorable environment for investment ion he country.
"We have high opportunities for entering Russia's market, and
cooperation with the European Union gives us room for exports,
since there are certain preferential export regimes for more than
300 varieties of Armenian goods," he said adding that membership in
the Customs Union will is very promising for Armenia.
Voicing satisfaction at the developed laws, trade relations between
Armenia and Argentina are quite weak because of countries locations
and few business ties.
The first Armenian-Argentine Business Forum was launched today and
will be wrapped up on Saturday.
Representatives of pharmaceutical, textile and meat-producing companies
as well as other businesses gathered in Yerevan for this forum.
The event is organized by Armenian Development Agency and Argentina's
Embassy in Yerevan.
The National Statistical Service of Armenia says Argentina was the
biggest investor in the real sector of Armenia's economy in the
first half of this year. Its investments here totaled $76.1 million
in Jan-June 2013 after growing 10.4 times, compared with the same
period a year before.
Argentina's direct investments in Armenia have grown 67.2% to $8.2
million.
Argentine investments are intended for development of air transport
($72.3 million) and for construction of houses ($565,000), and
$3.3 million has been invested in plant-growing and cattle-breeding
businesses, hunting and related services. ----0---
- See more at:
http://arka.am/en/news/economy/armenia_s_economy_more_liberal_than_eu_countries_e conomies/#sthash.Fb98utSW.dpuf