February 8, 2010 - 17:25 AMT
Armenia’s SCPEC and OSCE to cooperate to improve competitive environment


Chairman of the State Commission for the Protection of Economic Competition of Armenia Davit Harutyunyan received the Head of the OSCE Office in Yerevan <b> Sergey Kapinos </b>, and Tigran Sukiasyan responsible for OSCE national programs on economic issues, press office of <b> SCPEC </b> reported.

In the near future the SCPEC and the OSCE will sign a memorandum of cooperation. As a new means to improve the competitive environment the officials called the reduction of centralization in the market and development of small and medium-sized businesses, which, according to Davit Harutyunyan, is hampered by the absence of "long money, as well as the unavailability of credit starting businesses. SCPEC intends to assess the competitive environment in the regions