Thursday, October 14 2021 21:17

Issue of feasibility of creating institution of business ombudsman is  being discussed at RA Economy Ministry 

Issue of feasibility of creating institution of business ombudsman is  being discussed at RA Economy Ministry 

ArmInfo.The Ministry of Economy of Armenia,  together with representatives of the country's business community, is  actively discussing the issue of creating an institution of a  business ombudsman in the country.

According to representatives of the business sector, at present there  are no mechanisms to protect the interests of entrepreneurs in the  republic, to whom the beneficiaries would have unconditional trust,  while using this mechanism it would be possible to achieve the  earliest possible restoration of violated rights, especially with  regard to representatives of small and medium-sized businesses.

As the Ministry of Economy told ArmInfo, the protection of the  interests of entrepreneurs is mainly carried out in the state sector  and through non-governmental organizations that protect the interests  of entrepreneurs. But the possibilities of both those and others are  not regulated and are strictly limited.

At a joint meeting with business community, held the other day in the  economic department, it was emphasized that in a number of countries  there are bodies to protect the interests of businessmen, designed to  ensure proper communication between businessmen and government  agencies. Thus, the creation of the institution of the business  ombudsman will create additional effective guarantees for protecting  the interests of business community, will stimulate the attraction of  investments, ensure efficient and timely processing of business  applications, will contribute to the restoration of violated or  disputed business rights, thereby improving the business environment  and reducing corruption risks. The institution will also create a  basis for a more effective dialogue, for example, preconditions for  the adoption of legal acts proposed by entrepreneurs to improve the  business environment, making amendments and additions to them.

In this regard, the Ministry of Economy is ready to organize  additional discussions in the framework of a dialogue between the  private and public sectors and come up with concrete proposals to the  government and, possibly, to the legislature.