Business environment has improved in Armenia, PM Karapetyan saysNovember 2, 2017 - 17:54 AMT PanARMENIAN.Net - The business environment has improved in Armenia, prime minister Karen Karapetyan said on Thursday, November 2. According to him, both businessmen and diplomats who protect the business interests of their countries agree with him, Panorama.am reports. "We have simplified the tax and border checkpoint mechanisms, the return of VAT, provision of licenses," Karapetyan said. "Besides, today nothing hinders consultations between business circles and government representatives." Commenting on the latest Doing Business report, the prime minister said Armenia has registered both good and bad results. The weak points, he said, refer to the judicial system, bankruptcy institutions, as well as bank credits. Armenia ranks 47 on the ease of doing business index against the 38 spot last year, the 15th anniversary edition of the World Bank Group’s annual Doing Business report revealed. 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 | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |