Favourable conditions for doing business | EUNewsletter

Favourable conditions for doing business

1 March 2012

On 7 December a two-day international seminar on “Better regulation: Challenges and Trends” started.
Since 2010 the EU has supported Armenia in implementing business reforms through the Twinning Project “Support to the Ministry of Economy of the Republic of Armenia: Regulatory Management/Standard Cost Model”. During the conference the project chief coordinator, first Deputy Minister of Economy Karine Minasyan stressed continuing EU assistance through a range of projects to develop the business sector in her welcoming speech.
The aim of the project is to make administrative regulations transparent and to lessen administrative red tape, which would attract not only Armenian investors, but also foreign entrepreneurs. International experts from Finland, Latvia and Estonia participated in the conference. They presented a regulatory impact assessment in Armenia and spoke about the improvement of legislative systems.
“Knowledge of the changes in countries undergoing a transition period like Latvia or Estonia is very relevant to Armenia. Let’s learn from them and let’s also focus on what should be avoided according to their experience”, said Jean-Christophe Gayrand, Head of the Operations Section of the EU Delegation.

Favourable conditions for doing business

On 7 December a two-day international seminar on “Better regulation: Challenges and Trends” started. Since 2010 the EU has supported Armenia in implementing business reforms through the Twinning Project “Support to the Ministry of Economy of the Republic of Armenia: Regulatory Management/Standard Cost Model”. During the conference the project chief coordinator, first Deputy Minister of Economy Karine Minasyan stressed continuing EU assistance through a range of projects to develop the business sector in her welcoming speech. The aim of the project is to make administrative regulations transparent and to lessen administrative red tape, which would attract not only Armenian investors, but also foreign entrepreneurs. International experts from Finland, Latvia and Estonia participated in the conference. They presented a regulatory impact assessment in Armenia and spoke about the improvement of legislative systems. “Knowledge of the changes in countries undergoing a transition period like Latvia or Estonia is very relevant to Armenia. Let’s learn from them and let’s also focus on what should be avoided according to their experience”, said Jean-Christophe Gayrand, Head of the Operations Section of the EU Delegation.