Thursday, November 10 2016 15:37
Marianna Mkrtchyan

Vartan Oskanian: Armenia badly needs foreign investments

Vartan Oskanian: Armenia badly needs foreign investments

ArmInfo. A breakthrough in  the Armenian economy needs three things: profound political and  economic reforms; an ambitious development program; and an  opportunity to attract foreign investments, Vartan Oskanian, Head of  the Solidarity Party, told reporters on November 10.      

He noted that the new prime minister of Armenia has already started  positive steps to that end, but they are not enough. "For instance, I  see some contradictions between the outlined actions and the new Tax  Code.  Economy is a field, where it is hard to achieve results by  means of partial approaches. At the same time, no ambitious  development program can be implemented in this field without  comprehensive and deep approach. Moreover, economic reforms without  political ones are doomed to failure. Political monopoly is greater  evil and more dangerous than adversary's bullet", Oskanian considers.  

The leader of Solidarity Party is convinced that Armenia today needs  economic growth and development, opportunities for creating job  places and raising population's living standard via an economic  breakthrough. 

"We are in economic war and if we lose it we will be engaged in  military operations, that is why it is necessary to do everything  possible to reach breakthrough in economic field and not to attempt  to break the enemy front. Armenia badly needs foreign  investments-this is a difficult task but possible one. If necessary  conditions are created large investments may be attracted", Oskanian  noted. 

According to him in case of political reforms and holding fair  elections several millions dollars from US "Millennium Challenges"  could be attracted, while if new framework agreement is signed with  the EU large funds could be involved from donor countries.  "We  should work to that end. I am ready to invest all my resources for  solving these problems, as well as every member of Solidarity party  does" Oskanian summarized.


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