  Armenia among best countries for starting a business - report November 9, 2016 - 14:06 AMT PanARMENIAN.Net - In the World Bank’s Doing Business-2017 report, Armenia took the ninth spot among 190 states worldwide for starting a business. The country was ranked the fifth in a similar ranking a year earlier. New Zealand, where businesses can be established in less than one day tops the ranking, while Canada, where only two procedures are needed to start a business, and Hong Kong are next in the second and third positions, respectively. Macedonia came in the fourth, closely followed by Azerbaijan, Singapore, Australia and Georgia. In Doing Business 2017, Armenia improved its overall rank this year by five notches, climbing to 38th among 190 countries reviewed.  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 |  Latest news U.S. believes peace is “possible” in South Caucasus  The United States continues to believe that peace is possible in the South Caucasus, Vedant Patel said.Government reveals details from Pashinyan’s meeting in border village Prime Minister Nikol Pashinyan has met with a group of residents of a border village in Armenia’s northern Tavush provinceNarek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28.Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. |
