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Official News

Thursday, 27 March 2014

Government takes steps to assist Syrian Armenians The Executive prioritizes foreign investment YSU graduate will continue his studies at a leading University




At today’s Cabinet meeting, Prime Minister Tigran Sargsyan touched upon the steps aimed at assisting the Syrian-Armenians and especially to the people of Kesab. Evoking the steps taken to that end, including the questions raised by some MPS concerning the new situation, the Prime Minister assured that the Government is taking steps to alleviate the problems faced by fellow countrymen. The head of government refuted some media outlets’ allegations that the Government was not concerned by the problems of Syrian Armenians. “I want to assure our citizens that this is not the case; the question is kept in focus by the government,” Tigran Sargsyan emphasized.

The Government discussed a draft amendment to the law “On foreign investment” as introduced by a group of MPs in the form of legislative initiative. They propose to repeal Article 7 of the law, which states that within 5 years of the time of investment, foreign investors can require the application of the law which was in force at the time of investment.

Meanwhile, the Government finds that foreign investors should be provided with the necessary conditions and prerequisites. If adopted, the bill will have a negative impact on the process, the more that foreign investment has shrunk in recent years, especially in the post-crisis period. With this motivation, the Government voted against the adoption of the bill. The bill and the Government’s opinion will be sent to the National Assembly in the prescribed manner.

The meeting agreed to the proposal for signing an agreement between the Governments of the Republic of Armenia and the Republic of Peru on abolition of visa requirements for holders of diplomatic passports. Note that similar agreements have already been signed with other countries in Latin America - Argentina, Brazil and Uruguay.

The Government granted a deferment of compulsory military service until graduation – 2015 winter conscription - to UAE (Abu Dhabi) Masdar Institute of Science and Technology student Haik Gevorgyan.

Hayk Gevorgyan holds YSU Bachelor and Master’s degrees in Radio Physics and Electronics. Now he gets the opportunity to graduate from one of the leading universities of the world and apply his knowledge and skills at home.
 

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