"eRegulations" electronic tool for promoting foreign investments introduced in Armenia
19:51, 8 December 2017YEREVAN, DECEMBER 8, ARMENPRESS. The grant project worth 332 thousand Euros aimed at promoting foreign direct investments is launched in Armenia. The Development Foundation of Armenia and the UN Development Program signed a relevant document on December 8.
ARMENPRESS reports during the 21-month project research will be done among the business circles to detect the procedures and processes that can be obstacles for investments. "eRegulations" electronic tool will be applied by which detailed information about investment procedures in Armenia will be categorized and published. Further simplification of the processes will improve the investment environment strengthening business competition in Armenia.
The “eRegulations” tool of the UNCTAD is already successfully launched in over 30 countries. The project is funded by the Austrian Development Agency.
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