National Statistical Service of Armenia today issued initial macroeconomic indices for January-December 2016.
The PM said the Government’s doesn’t suggest establishing an anti-corruption organization, because as experience shows, such organizations don’t eliminate corruption.
The Armenia-Iran and Armenia-Georgia power transmission lines will be commissioned in 2019, which will raise Armenia’s energy system to an entirely new level. The abovementioned programs will enable electricity transits, seasonal mutual supplies and exchanges, as well as other commercial transactions,” Serzh Sargsyan said.
The expanded meeting specifically discussed the proposal of the Armenian side to set up an Armenian-Russian investment fund with a view to funding Armenia’s priority economic sectors.
“On presidential level Iran stated in Yerevan that this project is realistic. The only issue of the project is seeking finances, and if it fails today, it doesn’t mean that it won’t succeed tomorrow. Particularly, when according to experts the project is possible to implement within a small budget.”
In addition, a memorandum of cooperation and the 2016-2021 inter-regional cooperation program have been signed between the ministry of industry and trade of Russia and the ministry of economic development and investments of Armenia.
There is no any guarantee that this year import volumes will be recovered and reach 2 billion m3. Of course, purpose of tariff reduction by “Gazprom Armenia” was consumption increase, however, Karen Karapetyan himself isn’t sure that gas supplier will reach that goal.
“There is no change of stance whatsoever and the stance of the Co-Chairs is well-known from those announcements which have been made multiple times, but Azerbaijan always acted beyond them, and the reporter’s obscene question led to such approach,” Kocharyan said.
Countries adopt inspection reform as a popular and effective tool to improve the business environment. Inspection reform in Armenia has introduced a completely new approach—risk-based inspections, which allows the government to reduce the frequency of inspections on low risk businesses, and focus resources on those with higher risks, saving businesses’ time and resources.
“I believe the time has come for us to engage in Armenia’s development more actively international companies, various experts, gifted individuals as well as to participate more substantially in the international division of labor.”
