Friday, April 6 2018 16:12
Naira Badalian

President: Any investment in Armenia is protected and safe

President: Any investment in Armenia is protected and safe

ArmInfo. Armenia has all the qualities in order to become an attractive tourist destination, including from the Persian Gulf countries. Such an opinion was expressed by the President of Armenia Serge Sargsyan in an exclusive interview with Gulf News - an English-language weekly published in the United Arab Emirates and distributed in the countries of Central Asia and the Persian Gulf, as well as to the agency Global FDI reports.

The President stated that Armenia is a country with a rich cultural and historical heritage. At the same time, the republic freed the tourist from the UAE from the obligation to issue an entry visa. "We have created all necessary infrastructures, and everything is available. At the same time, both Yerevan and the whole of Armenia are absolutely safe for the tourist," he stressed. Addressing potential investors, the head of the Armenian state stated that in Armenia, due to its small scale, there is a personal attitude to each investor.  The investor in Armenia, as indicated by Serzh Sargsyan, is granted tax benefits at the start of production of products previously not produced in the country. "Any investment in Armenia is protected and safe," the RA President concluded.

According to the State Committee for Tourism of the Republic of Armenia, the number of tourists visiting Armenia in 2017, as compared to 2016, increased by 18.7%. As before, last year Armenia received the most tourists from Russia.

Then followed by tourists from Iran, Western Europe, an interesting growth dynamics was outlined on the tourist flow from China, Japan, the citizens of the Philippines from the UAE.

POST A COMMENT
Input digits     


News
Interactive Digital Mapping of GI Armenian Brandy Grape Production  Zones  launched in YerevanInteractive Digital Mapping of GI Armenian Brandy Grape Production  Zones  launched in Yerevan
What to gift men on January 28: Idram&IDBankWhat to gift men on January 28: Idram&IDBank
Idram Conducted a Financial Literacy Class for Roboton ParticipantsIdram Conducted a Financial Literacy Class for Roboton Participants
Armenian telecom operators increase tax payments to  state treasury  by 11% in 2025Armenian telecom operators increase tax payments to  state treasury  by 11% in 2025
Strengthening  ties: Armenia and Bulgaria push for strategic  partnership and direct flightsStrengthening  ties: Armenia and Bulgaria push for strategic  partnership and direct flights
Armenia to bar low-rated construction firms from state tendersArmenia to bar low-rated construction firms from state tenders
Regional geopolitics: Calls for border opening amid renewed demands  to close Armenian NPPRegional geopolitics: Calls for border opening amid renewed demands  to close Armenian NPP
Atlantic Council: TRIPP  to reduce  Russia and Iran`s economic  influence in South CaucasusAtlantic Council: TRIPP  to reduce  Russia and Iran`s economic  influence in South Caucasus
Ardshinbank surges into top 5: Armenia`s major taxpayers revealed for  2025Ardshinbank surges into top 5: Armenia`s major taxpayers revealed for  2025
Minister: Job seekers and unemployment cut in half over five yearsMinister: Job seekers and unemployment cut in half over five years
Regarding Payments for Viva Armenia Services via IdramRegarding Payments for Viva Armenia Services via Idram
Alcohol sales in Russia fell by 9.3% in 2025Alcohol sales in Russia fell by 9.3% in 2025
 RA banking system`s net profit returns to its natural growth rate by  2025 end  RA banking system`s net profit returns to its natural growth rate by  2025 end 
 Yerevan`s Zvartnots airport is operating at almost twice its design  capacity - opposition MP Yerevan`s Zvartnots airport is operating at almost twice its design  capacity - opposition MP
King Felipe VI of Spain meets with head of RA Tourism CommitteeKing Felipe VI of Spain meets with head of RA Tourism Committee
Regulations governing transactions with crypto assets to come into  force on January 31, 2026Regulations governing transactions with crypto assets to come into  force on January 31, 2026
Suspension of acceptance of payments for Viva Armenia CJSC services through EasyPay platforms Suspension of acceptance of payments for Viva Armenia CJSC services through EasyPay platforms
In 2025, Azerbaijan exported $788,800 worth of products to ArmeniaIn 2025, Azerbaijan exported $788,800 worth of products to Armenia
Precious metals continue to set new recordsPrecious metals continue to set new records
EEC Council approves draft Agreement on Electronic Commerce in Goods  within EAEUEEC Council approves draft Agreement on Electronic Commerce in Goods  within EAEU
Conceptual issues of tax policy for the coming years discussed with  PashinyanConceptual issues of tax policy for the coming years discussed with  Pashinyan
"In Our Way" movement: Economists must lead Armenia
Expert: Iran is an integral part of Armenia`s energy balanceExpert: Iran is an integral part of Armenia`s energy balance
In Armenia`s interbank foreign exchange market from January 19 to 23,  2026, dollar transactions decreased, while ruble transactions  maintained growthIn Armenia`s interbank foreign exchange market from January 19 to 23,  2026, dollar transactions decreased, while ruble transactions  maintained growth
Market Surveillance Inspection Body reports for 2025Market Surveillance Inspection Body reports for 2025
Up to 2% Cashback with IDBank Mastercard and ARCA CardUp to 2% Cashback with IDBank Mastercard and ARCA Card
Expert highlights risks of exempting small business taxesExpert highlights risks of exempting small business taxes
Armenia extends  Zvartnots Airport concession to 2067Armenia extends  Zvartnots Airport concession to 2067
Defense Council for Samvel Karapetyan clarifies ruling of Stockholm  Arbitration Tribunal regarding ENA caseDefense Council for Samvel Karapetyan clarifies ruling of Stockholm  Arbitration Tribunal regarding ENA case
Armenian government, in Artsrun Hovhannisyan style, is presenting its  defeat in Stockholm as victoryArmenian government, in Artsrun Hovhannisyan style, is presenting its  defeat in Stockholm as victory
Stockholm Arbitration dismisses claims filed by Karapetyan familyStockholm Arbitration dismisses claims filed by Karapetyan family
Leading Russian company Sitronics Group to manage Yerevan Research  Institute of Mathematical MachinesLeading Russian company Sitronics Group to manage Yerevan Research  Institute of Mathematical Machines
Azerbaijani petrol on sale in Armenia - minister Azerbaijani petrol on sale in Armenia - minister 
RA minister of interior, British ambassador discuss cooperation in  cybersecurityRA minister of interior, British ambassador discuss cooperation in  cybersecurity
Armenia`s Viticulture and Winemaking Foundation  reports on its 2025  activitiesArmenia`s Viticulture and Winemaking Foundation  reports on its 2025  activities
Armenian economy reaches record 822,622 jobs by end of 2025Armenian economy reaches record 822,622 jobs by end of 2025
Mkhitar Hayrapetyan: 900 R&D specialists benefit from 10% income tax  rateMkhitar Hayrapetyan: 900 R&D specialists benefit from 10% income tax  rate
Business Paradise: Narek Karapetyan proposes tax free haven for small  businesses in ArmeniaBusiness Paradise: Narek Karapetyan proposes tax free haven for small  businesses in Armenia
Armenia showcases its tourism potential at FITUR-2026Armenia showcases its tourism potential at FITUR-2026
Zvartnots International Airport records all-time high with  5,615,789  passengers in 2025Zvartnots International Airport records all-time high with  5,615,789  passengers in 2025
"Discworld" by Jensen Huang
Societe Generale plans to cut 1,800 jobs by the end of 2027.Societe Generale plans to cut 1,800 jobs by the end of 2027.
Fitch Has Upgraded Ardshinbank’s Outlook From Stable to PositiveFitch Has Upgraded Ardshinbank’s Outlook From Stable to Positive
Armenia to restrict involvement of companies affiliated with  high-ranking officials and their family members in procurement  processesArmenia to restrict involvement of companies affiliated with  high-ranking officials and their family members in procurement  processes
 Armenian government amends loan and grant agreement under Kotayk and  Gegharkunik Solid Waste Management Program Armenian government amends loan and grant agreement under Kotayk and  Gegharkunik Solid Waste Management Program
AraratBank Sums Up “You Choose the Destination” Campaign Implemented in Partnership with MastercardAraratBank Sums Up “You Choose the Destination” Campaign Implemented in Partnership with Mastercard
Italy is the main buyer of Azerbaijani oilItaly is the main buyer of Azerbaijani oil
EIF exploring opportunities for collaboration with Czech companies in  AI fieldEIF exploring opportunities for collaboration with Czech companies in  AI field
Armenia to attract $150mln from ADB for financing deficit Armenia to attract $150mln from ADB for financing deficit 
Up to 2% cashback, free Mastercard and free ArCa card when you join IDSalaryUp to 2% cashback, free Mastercard and free ArCa card when you join IDSalary
German-funded water and energy programs discussed in YerevanGerman-funded water and energy programs discussed in Yerevan
Ardshinbank Opens Specialized IT Hub in YerevanArdshinbank Opens Specialized IT Hub in Yerevan
Pashinyan: TRIPP  is, first and foremost, an investment programPashinyan: TRIPP  is, first and foremost, an investment program
Armenia and Mexico have significant potential for cooperation -  Gevorg PapoyanArmenia and Mexico have significant potential for cooperation -  Gevorg Papoyan
Armenia`s manufacturing hits historic low of 9% of GDP- Suren KarayanArmenia`s manufacturing hits historic low of 9% of GDP- Suren Karayan
Finance minister lacks information on investment size and economic  impact of TRIPP project Finance minister lacks information on investment size and economic  impact of TRIPP project 
 RA Finance Minister: Risk premium hits historic low amid strong 2025  performance RA Finance Minister: Risk premium hits historic low amid strong 2025  performance
MTPLI loss ratio decreases from 81.8% to 76.3% in Armenia`s insurance  market in 2025MTPLI loss ratio decreases from 81.8% to 76.3% in Armenia`s insurance  market in 2025
RA Ministry of Territorial Administration hosts ADB delegationRA Ministry of Territorial Administration hosts ADB delegation
Azerbaijan receives request from Armenia to provide transit from  Armenia to Russia - Ilham Aliyev Azerbaijan receives request from Armenia to provide transit from  Armenia to Russia - Ilham Aliyev 
Read more
Exchange rates
26.01.2026
RUB4.95-0.04
USD378.86-0.21
EUR449.334.49
GBP517.905.17
CAD276.961.93
JPY24.670.71
CNY54.480.05
CHF487.598.00