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 | Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. |