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 | Director General of Ucom takes part in recruiting conference Ralph Yirikian participated in the Recruit Days business and networking conference organized by Move2Career. Armenia to participate in key EU meeting for the first time ever National Assembly speaker Alen Simonyan has said that Armenia will for the first time participate in the Conference. Lavrov rejects Armenia’s “defamation” of Russia, CSTO Lavrov decried the Armenian leaders’ “defamation” of Russian soldiers and border guards deployed in Armenia. U.S. reacts to Russia’s criticism of upcoming Armenia-EU-U.S. meeting Matthew Miller has weighed in on Russia’s criticism of an upcoming Armenia-EU-U.S. meeting. |