Tweet
Tatul Manaseryan: Armenia must not cherish hopes that EEU membership
will give it more investments
by Gayane Isahakyan
Saturday, October 18, 11:53
Armenia must not cherish hopes that its membership to the Eurasian
Economic Union will give it more investments, economist, Head of
Alternative Research Center Tatul Manaseryan said at a forum on the
prospects of Armenia's membership to the EEU on Friday.
The organizers of the forum were the World Armenian Congress and the
Union of Armenians of Russia.
"We must not hope for direct foreign investments but must stimulate
home investments and develop SMEs. If we do it, foreign investors will
come as this will be a signal for them that we have healthy and
competitive business environment," Manaseryan told ArmInfo.
The Armenian President's advisor Karine Minasyan said that now that
Armenia has joined the EEU its policy has become clear for the world
as now Armenia knows what economic model it will apply in the next
decade. "This means stability and for an investor there is nothing
more important than stability," Minasyan said.
She noted that despite its EEU membership Armenia will continue its
partnership with the EU.
Meanwhile, the National Statistical Service reports that in Jan- June
2014 the inflow of foreign investment into Armenia made up $597.4mln
(20.5% annual drop), including $271.2mln in direct foreign investments
(52.2% annual drop).
On Oct 10 Armenia signed an agreement to join the Eurasian Economic
Union. The Union will start its activities in Jan 1 2015.
http://www.arminfo.am/index.cfm?objectidÊA30B40-569B-11E4-B58C0EB7C0D21663
From: Baghdasarian
will give it more investments
by Gayane Isahakyan
Saturday, October 18, 11:53
Armenia must not cherish hopes that its membership to the Eurasian
Economic Union will give it more investments, economist, Head of
Alternative Research Center Tatul Manaseryan said at a forum on the
prospects of Armenia's membership to the EEU on Friday.
The organizers of the forum were the World Armenian Congress and the
Union of Armenians of Russia.
"We must not hope for direct foreign investments but must stimulate
home investments and develop SMEs. If we do it, foreign investors will
come as this will be a signal for them that we have healthy and
competitive business environment," Manaseryan told ArmInfo.
The Armenian President's advisor Karine Minasyan said that now that
Armenia has joined the EEU its policy has become clear for the world
as now Armenia knows what economic model it will apply in the next
decade. "This means stability and for an investor there is nothing
more important than stability," Minasyan said.
She noted that despite its EEU membership Armenia will continue its
partnership with the EU.
Meanwhile, the National Statistical Service reports that in Jan- June
2014 the inflow of foreign investment into Armenia made up $597.4mln
(20.5% annual drop), including $271.2mln in direct foreign investments
(52.2% annual drop).
On Oct 10 Armenia signed an agreement to join the Eurasian Economic
Union. The Union will start its activities in Jan 1 2015.
http://www.arminfo.am/index.cfm?objectidÊA30B40-569B-11E4-B58C0EB7C0D21663
From: Baghdasarian