Where does the Armenian business go?February 10, 2011 - 15:52 AMT PanARMENIAN.Net - According to data published by the Georgian Service of Public Registry, around 100 entities with participation of Armenian citizens have been registered in this country since January 1, 2010. 70 limited liability companies, three branches, 24 individual entrepreneurs, as well as several non-commercial organizations are among them. According to indices of business registration in Georgia, citizens of Turkey, Azerbaijan, India and China are also active, Business Gruzia reported. Experts explain the outflow by better conditions for doing business in Georgia, which offers lower taxes and more affordable terms for establishment of business. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Turkey extends military presence in Azerbaijan The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops. Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skills Armenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi Arabia Pashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |