Armenia intends to improve its Global Competitiveness Index positions
YEREVAN, July 13. /ARKA/. At its regular Thursday meeting, the Armenian government gave its approval to some measures to be taken in 2017-2018 to improve Armenia's positions in the Global Competitiveness Index.
Armenia has improved its global competitiveness indicator and ranked 79th among 138 countries in 2016-2016 Global Competitiveness Index.
"We examined indicators of the previous index, identified faults and areas where reforms are necessary, particularly on 78 indicators, which are united in 10 areas,» said Suren Karayan, economic development an investments minister.
There are 36 measures in the list. There are legislative changes, particularly in intellectual property protection, competition, state property administration, expansion of air communication, improvement of roads, education, development of technologies etc.
Export and import promotion and development of border areas are among these measures.
Armenia for the first time was included in the Global Competitiveness Report in 2005 – it was ranked then 79th among 117 countries.
After that, the country's rank was gradually downgrading to 98th in 2010, but then it began improving and reached 79th among 148 countries in 2013, 85th among 144 countries in 2014 and 82nd among 140 countries in 2015. --0---