OREANDA-NEWS. January 16, 2007. RA Prime Minister Serzh Sargsyan called a consultative meeting on the improvement of business environment, attended by RA ministers of Trade and Economic Development, Finance and Economy, Employment and Social Affaires, the deputy minister of Justice, the mayor of Yerevan, the chairman of the RA Central Bank, the deputy head of the National Statistics Service, the heads of tax, customs, immovable property cadastre administrations, as well as the director general of the Armenian Development Agency.

To begin with, the Prime Minister advised that the meeting was called to discuss issues relating to the further betterment of Armenia's business and investment environment. He noted that the betterment of Armenia's business and investment environment was a corner-stone for the economic reforms implemented in the Republic of Armenia - may be the most important element - and expressed confidence that this trend would be continued hereinafter. According to the Prime Minister, all undertakings in this direction should be subject to assessment and measuring, therefore, any proposed objective ought to be exact and realistic. In this context, Serzh Sargsyan said that the focus should be as follows: “Armenia's business and investment environment must reach the level of world's 10% best countries in 2012.”

As assured by the Prime Minister, Armenia can reach this target within a shorter notice, in case the efforts to this end are systemic and efficacious.

Then, the meeting participants discussed the steps towards facilitating the conditions for doing business in Armenia.

In conclusion, Prime Minister Serzh Sargsyan issued several commissions to be summarized during the joint discussions between the Ministry of Finance and Economy, the Ministry of Trade and Economic Development and the relevant department of the Government Staff after which the activities for the running year will be finalized.