  Armenia takes 81st spot in Forbes Best Countries for Business list December 21, 2018 - 17:06 AMT PanARMENIAN.Net - Armenia has taken the 81st spot in Forbes’ 13th annual look at the Best Countries for Business among 161 countries ranked. The data is based on published reports from Freedom House, Heritage Foundation, Property Rights Alliance, United Nations, Transparency International, World Bank Group, Marsh & McLennan and World Economic Forum. With a $12 billion GDP, Armenia is nestled between Jamaica and Tunisia. Neighboring Azerbaijan is placed the 70th, Georgia has the 44th position and is followed by Russia in the 55th, Turkey in the 57th, Kazakhstan in the 65th, Ukraine in the 77th and Belarus in the 88th. The magazine gauged the Best Countries for Business by rating nations on 15 different factors, including property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape and investor protection. Other metrics included were workforce, infrastructure, market size, quality of life and risk. Each category was equally weighted. Related links:   Top stories The EU does not intend to conduct military exercises with Armenia, Lead Spokesperson for EU Foreign Affairs and Security Policy Peter Stano says. A telephone conversation between Putin and Pashinyan before the CSTO summit is not planned, Peskov says. London’s Armenian community has been left feeling “under attack” after the city’s Genocide monument was vandalised. The United States believes there should be an international mission to provide transparency.   Partner news |  Latest 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 skillsArmenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi ArabiaPashinyan: 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”. |
