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Cornerstone of Armenia’s future economic growth to be investment policy – Pashinyan

22.01.2019, 10:51
The cornerstone of Armenia’s future economic growth will be an investment policy framework that drives productive job creation and export competitiveness, Armenian Prime Minster Nikol Pashinyan said as he met Monday with representatives of the Swiss-Armenian Chamber of Commerce and Swiss businessmen in Zurich.

Cornerstone of Armenia’s future economic growth to be investment policy – Pashinyan
YEREVAN, January 22. /ARKA/. The cornerstone of Armenia’s future economic growth will be an investment policy framework that drives productive job creation and export competitiveness, Armenian Prime Minster Nikol Pashinyan said as he met Monday with representatives of the Swiss-Armenian Chamber of Commerce and Swiss businessmen in Zurich. 

“The government and the people are united in this vision. Indeed, recent surveys have shown that the 2 things that Armenian people want and expect the most are: more jobs and less corruption,” he is quoted by the press office.

“The results can be interpreted as follows: Armenian citizens do not want more redistribution of income: they have seen enough of that. What we, as Armenians want, is the ability and opportunity to earn and contribute to economic growth and prosperity of our homeland. And here comes the role you are playing, since the ability of individuals to be productively employed depends on you.”

Pashinyan said that too facilitate this process, on its part, the Armenian government has adopted
open doors policy towards foreign investors –the policy motto is to get rich and enrich.

The government has also adopted growth-friendly tax code based on investors wills and needs,
export and industrial modernization support mechanisms, such as tax and customs incentives and a
policy principle ensuring an unbiased and much less restrictive regulatory environment for doing business.

“It has been said on many occasions and we continue to believe that Armenia has a small internal market with a lot of value-creation potential, the Armenian premier said. “And there are both a market to monetize this potential and a demand for Armenian products, ideas and culture. We must satisfy this demand and present value to the world.” --0---