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SARGSYAN INVITES AUSTRIAN COMPANIES TO DO BUSINESS IN ARMENIA
http://armenianow.com/economy/55202/armenia_austria_economy_president_sargsyan_busines s_companies
ECONOMY | 13.06.14 | 10:37
President Serzh Sargsyan has called on Austrian businesspeople to
invest in Armenia, stressing that Armenia is determined to advance
its relations with the European Union despite its choice of the path
of joining the Eurasian Economic Union.
Attending in Vienna an Armenian-Austrian economic forum, jointly with
his Austrian counterpart Heinz Fischer, President Sargsyan emphasized
that "by granting a status of the Generalized System of Preferences
Plus to Armenia, the European Commission gives a serious impulse to
Armenian manufacturers."
"Concurrently, Armenia's integration into the Eurasian Economic Union
opens up new prospects for European investors by simplifying their
penetration into the Eurasian market having 170 million consumers.
Armenia is a leading CIS country in terms of its economic freedom and
application of market regulations. It is proved by numerous ratings
published by authoritative international organizations. Our country
holds the 41th place in the 2014 Index of Economic Freedom, and in
the "Doing Business 2014" annual report Armenia is ranked 37th among
185 countries and is placed immediately between France and Belgium,"
said the Armenian president, as quoted by his press office.
"I would be happy to invite Austrian companies to do business in
Armenia. Our country can become a useful platform for the well-known
Austrian food recycling companies Spitz and Darbo by offering healthy
and tasty agricultural raw materials, for the world-famous jewelry
company Frey Wille by offering qualified goldsmiths and granting
special privileges in free jewelry economic zone (by the way, there are
more than thousand famous jewelry companies in the world with Armenian
capital or owned by Armenians operating in all parts of the world,
almost in all countries and cities), for the mineral raw materials
recycling company Asamer Basaltic Fibers by offering a wide range
of natural stones, for the pharmaceutical companies G.L. Pharma and
Genericon Pharma who can take full advantage of free economic zones.
"Be sure that your steps targeted at advancing the Armenian-Austrian
trade and economic relations are in the focus of our attention. We
understand that in developing economies long-term successes depend
on stimulating business activities, that is why in case of large
investments, especially in innovative technologies, we are ready to
enforce a special law on a given investment and give tax exemptions
and by this I refer to the corporate tax as well."
http://armenianow.com/economy/55202/armenia_austria_economy_president_sargsyan_busines s_companies
ECONOMY | 13.06.14 | 10:37
President Serzh Sargsyan has called on Austrian businesspeople to
invest in Armenia, stressing that Armenia is determined to advance
its relations with the European Union despite its choice of the path
of joining the Eurasian Economic Union.
Attending in Vienna an Armenian-Austrian economic forum, jointly with
his Austrian counterpart Heinz Fischer, President Sargsyan emphasized
that "by granting a status of the Generalized System of Preferences
Plus to Armenia, the European Commission gives a serious impulse to
Armenian manufacturers."
"Concurrently, Armenia's integration into the Eurasian Economic Union
opens up new prospects for European investors by simplifying their
penetration into the Eurasian market having 170 million consumers.
Armenia is a leading CIS country in terms of its economic freedom and
application of market regulations. It is proved by numerous ratings
published by authoritative international organizations. Our country
holds the 41th place in the 2014 Index of Economic Freedom, and in
the "Doing Business 2014" annual report Armenia is ranked 37th among
185 countries and is placed immediately between France and Belgium,"
said the Armenian president, as quoted by his press office.
"I would be happy to invite Austrian companies to do business in
Armenia. Our country can become a useful platform for the well-known
Austrian food recycling companies Spitz and Darbo by offering healthy
and tasty agricultural raw materials, for the world-famous jewelry
company Frey Wille by offering qualified goldsmiths and granting
special privileges in free jewelry economic zone (by the way, there are
more than thousand famous jewelry companies in the world with Armenian
capital or owned by Armenians operating in all parts of the world,
almost in all countries and cities), for the mineral raw materials
recycling company Asamer Basaltic Fibers by offering a wide range
of natural stones, for the pharmaceutical companies G.L. Pharma and
Genericon Pharma who can take full advantage of free economic zones.
"Be sure that your steps targeted at advancing the Armenian-Austrian
trade and economic relations are in the focus of our attention. We
understand that in developing economies long-term successes depend
on stimulating business activities, that is why in case of large
investments, especially in innovative technologies, we are ready to
enforce a special law on a given investment and give tax exemptions
and by this I refer to the corporate tax as well."