Thursday, October 18 2018 15:29

Kocharyan: All kinds of masks-shows create an unfavorable investment  environment in Armenia

Kocharyan: All kinds of masks-shows create an unfavorable investment  environment in Armenia

ArmInfo. "I see problems for Armenia rather in the economic sphere," the second Armenian President Robert Kocharian said in an interview with RIA.

According to him, with the fundamental economic indicators of Armenia  do not inspire much optimism.  "This is a bad demography, problems  with neighbors, logistics are not good at all, and people have very  high expectations in connection with revolutionary euphoria. From  where and where are the growth points that can satisfy these  expectations, I don't quite understand. I'm good enough I know the  economy of Armenia, and if they are incomprehensible to me, then I  think they are incomprehensible to the current authorities. The  investment climate has become much worse. The authorities explain  this by uncertainty about the parliamentary situation. I don't think  this is the reason, "Kocharyan said, stressing that the volume of  foreign investment has almost halved.

In his opinion, this is primarily due to the lack of economic policy.  "Nobody knows how the authorities will continue to behave, including  the government itself. This is also due to the fact that all law  enforcement agencies - the police, the National Security Service -  began to engage in business. These are mask shows - constant  inspections, unexpected arrests of businessmen and the arrests are  accompanied by direct agitprop accusations, when the presumption of  innocence is simply destroyed as the most important element of the  rule of law. A person is appointed guilty without a trial, and God  knows what will happen next. A person needs to be laundered before  the society on completely unproved accusations. Every businessman  thinks he may be in this situation. This is an extremely unpleasant  business environment for people. Now external investors do not know  who will be arrested as follows. This carries risks of both business  and reputation.  Here there is talk of transitional justice and by  this they understand the possibility of redistribution of property.  This means that the country will be a thing of the past, not the  future, and for many years. It's just the destruction of any  prospects for partnerships, "the second president stressed. According  to him, to solve these problems, an integrated approach is needed."  In particular, it is necessary to abandon political vendettas and  understand that economic inertia is always very strong and any  careless step - these are problems not for months, but for years. And  we must understand that money is probably the most fearful animal,  they love peace and quiet. If there is no understanding that a  business needs predictability, a formulated policy to conform to  practice, then we will not have a business environment for success in  the economy, "he concluded. 

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