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Diaspora politician: Many Diaspora investors are scared off by corru

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  • Diaspora politician: Many Diaspora investors are scared off by corru

    Diaspora politician: Many Diaspora investors are scared off by
    corruption in Armenia

    by Ashot Safaryan
    Saturday, September 20, 14:55


    Many investors from Diaspora, which are ready to invest in the economy
    of Armenia, are scared off by the corruption in Armenia, a
    representative of the social and democratic "Hnchakyan" party in
    Lebanon, Aleksan Keshkeryan, told ArmInfo correspondent.

    He said that unfortunately a businessman which makes investments in
    the economy of Armenia is not confident that he will be able to work
    within the frames of the law. "We are well aware that corruption is
    spread in Armenia and this affects the decision of many businessmen
    from Diaspora, which simply scare doing business in Armenia. Besides
    the patriotic intentions, an investor should be sure that he will not
    be deceived here and he will be able to work in normal competitive
    conditions. I think that with such conditions Armenia still is not
    ready to the flow of investments from Diaspora", - Keshkeryan said.

    Touching on effectiveness of the Armenia-Diaspora conference being
    held in Yerevan, he said that the given event is a good opportunity to
    discuss the accumulated problems, to listen to and understand each
    other.

    First of all, we should think how to help our compatriots in Syria. In
    Lebanon we feel this problem every day, as it is very much close to us
    in all senses. Our country directly suffers of the consequences of the
    war in Syria. So, the adequate measures should be taken. In this
    context, Armenia's Foreign Ministry has to play a serious part. It is
    necessary to find funds to show aid to the Syrian Armenians. I think
    that the conference will let us find the mutually acceptable
    solutions",- he concluded.


    http://www.arminfo.am/index.cfm?objectid¢1789A0-40B4-11E4-86440EB7C0D21663

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