ArmInfo. Deputy Prime Minister, Minister of International Economic Integration and Reforms of Armenia Vache Gabrielyan presented today the opportunities and advantages of making business in Armenia at "Armenia 2016 Investment Forum" held in New York, the press-service of the Armenian government informs.
Gabrielyan noted that Armenia is notable for the level of freedom of business climate. Besides according to World Bank Armenia ranks 35th among the 198 countries on the ease of doing business, 5th on starting business and 29th on trading across border.
He presented all the opportunities to be provided to the investors and businessmen, who will start business in Armenia. Gabrielyan presented the opportunities the Armenian businessmen received after the country has become member of Eurasian Economic Union, as well as GSP+ system with the European Union and GSP with the USA, as well as cooperation with Georgia and Iran.
The Deputy Prime Minister also noted that tax and customs legislation is being reformed for improving business conditions. While the new Tax Code envisages provision of benefits to investors and businessmen.
The Armenia 2016 Investment Forum organized by Armenia's Development Fund is attended by the leading companies from different areas, representatives of international financial institutions, experts and over one hundred international investors. The plenary session was chaired by the founder of the Kohn Foundation, international corporative strategist, investment banker and famous public figure, Doctor of Neuroscience Mr. Robert Kohn. Present at the discussions were Member of the House of Representatives Frank Pallone, Chairman of the Eurasian Economic Union Tigran Sarkissian, Vice- President of the Asian Bank of Development Wencai Zhang, Executive Director of the World Bank Frank Heemskerk.