Cooperation between Armenia’s Ministry and ‘Arton Capital’ company to contribute to attracting foreign investments

YEREVAN, MAY 30, ARMENPRESS. Deputy Minister of Economic Development and Investments Hovhannes Azizyan on May 29 held a meeting with President of ‘Arton Capital’ company Armand Arton, Vice-President on Business Development Emil Shahmooradian, as well as a number of representatives of company’s expert group, the Ministry told Armenpress.

They arrived in Armenia at the invitation of International Centre for Migration Policy Development (ICMPD) which carries out ‘Support to Migration and Border Management’ EU-funded project in Armenia.

Welcoming the guests, the Deputy Minister said Armenia’s government attaches importance to improving the investment environment, the legislative field, promoting investments, mainly, foreign direct investments in the country’s economy, creation of new jobs, strengthening the country’s competitive advantages and the steps ensuring economic development based on this, adding that the development of the abovementioned strategy can become an impetus for attracting investments in Armenia.

Hovhannes Azizyan also attached importance to the role and experience of ‘Arton Capital’ company on studying the international experience in that field which can be very useful to develop more effective model for Armenia.

At the meeting a number of issues relating to procedures on granting citizenship, their deadlines, selection of more appropriate model for Armenia were discussed.