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Armenian MP Proposes Setting Up Investment Protection Committee

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  • Armenian MP Proposes Setting Up Investment Protection Committee

    ARMENIAN MP PROPOSES SETTING UP INVESTMENT PROTECTION COMMITTEE

    YEREVAN, April 7. / ARKA /. An MP from the Armenian Revolutionary
    Federation/Dashnaktsutyun party Artsvik Minasyan proposes that a
    committee be set up to protect investments, a story in the local
    newspaper "168 Hours" ("168 Hours") says.

    Minasyan says the proposed agency's powers must include protection of
    investments, helping investors to overcome red tape and 'implementation
    of urgent reforms for protection of ownership rights.'

    "The right to ownership must be protected regardless of whether the
    owner is in Armenia or not, regardless of their political affiliation
    and membership in other organziations. This is essential for the
    formation of an atmosphere of trust, " Minasyan says,

    He says currently these functions are performed by different state
    agencies such as the ministries of economy and finance and the State
    Commission for Protection of Economic Competition.-0-

    http://arka.am/en/news/economy/armenian_mp_proposes_setting_up_investment_protect ion_committee/#sthash.biO4W3w2.dpuf



    From: Emil Lazarian | Ararat NewsPress
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