ArmInfo. Prime Minister of Armenia Karen Karapetyan met on March 13 with the Lebanese business community on the second day of his visit to Lebanon. As the press service of the Armenian government reports, the head of the Armenian Cabinet presented the main macroeconomic indicators and positive trends in the Armenian economy.
According to the prime minister, one of the competitive advantages of Armenia is the presence of a strong Diaspora - a community of those fellow citizens who irrespective of their place of residence are ill for the future of their historical homeland. At the same time, as the head of government pointed out, economic growth recorded for 2017, membership in the EEMP, as well as the existence of preferential trade regimes with the EU in the framework of GSP +, the GSP regime with Japan, Canada, Norway, Switzerland and the United States allows us to talk on the investment attractiveness of the republic. All this, as Karen Karapetyan noted, indicates that it is possible to establish business in Armenia and provide access to larger markets with more than 1 billion people.
During the meeting with representatives of the Chamber of Commerce and Industry, the Chamber of Industry, the Merchants Society, the World Society of Entrepreneurs of Lebanon and the International Chamber of Commerce, Karen Karapetyan made an appeal to visit Armenia and establish business in Armenia. According to him, despite the high level of bilateral relations, the available economic potential is not being used in full force. "We agreed in a sense to give a" restart "to these relations," he said, stressing that for this purpose it is planned to intensify the work of the intergovernmental commission.
According to the RA Prime Minister, Lebanese business can be interested in cooperation in the fields of agriculture, light jewelry, mining and IT. At the same time, he informed representatives of the business community of Lebanon that work on the development of a law on the protection of foreign direct investments, which is designed to unify the legislative field, will soon be completed.
The Armenian Prime Minister also noted the steps aimed at improving the RA's position in the World Bank's Doing Business ranking on the conditions for doing business in the countries of the world.
