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Official News

Saturday, 7 February 2009

RA Prime Minister Tigran Sargsyan met with domestic importers and shippers who are specialized in the imports of a broad range of high-demand products, who keep track of foreign markets, whose competitive edge can be used for boosting domestic output. They are expected to grow into producers and exporters, if there are favorable conditions created to this end. This is seen as an important anti-crisis measure amidst the ongoing global financial and economic downturn. In view of the above, the Government stands ready to promote output at home by offering exceptional conditions to eventual investors. In pointing out that importers used to enjoy quite favorable conditions in Armenia over the past few years, Tigran Sargsyan said that the current state of affairs calls for a behavioral change implying a closer insight into market fluctuations and into the balance of trade and balance of payments structure.

“The global financial and economic crisis has led to a new situation within the Government as well. We must undertake anti-crisis actions consisting in the following: realization of such investments and taking of such decisions as may be conducive to several new jobs in the country, improve our foreign exchange position and boost processing industries in Armenia. This is what we have been stating in public for the last 6-7 months addressing the society, the National Assembly, private sector representatives. Now, I would like to listen to you with a view to understanding your concerns and problems, tracing the ways we can assist you so as the anti-crisis program proves in harmony with your activities and investment policies,” the Prime Minister noted.

Thanking the Prime Minister and the Government for their willingness and proposals of support, the importers spoke about the problems faced, outlined the eventual areas of investment and made specific suggestions.

Summarizing the meeting, Tigran Sargsyan stressed his government’s care for providing the business community with a clear-cut and predictable action plan and thanked those in attendance for accepting his invitation. In conclusion, the Prime Minister expressed hope that this meeting will allow our importers to formulate new business plans which the State is prepared to back as much as possible.
 

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