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Armenia actually not ready for foreign investments

25.05.2017 14:32

Armenia actually not ready for foreign investments

YEREVAN, May 25. /ARKA/. Today Armenia is actually not ready for foreign investments, former head of the Central Bank Bagrat Asatryan told journalists on Wednesday.

“This doesn’t mean that there will be no investments – there will be some initiatives and even successfully implemented projects, will this will not men that the entire world will strive for investing in Armenia’s territory and our citizens will have a chance to implement their projects,” he said. “An ordinary individual can’t invest money in Armenia.”

Asatryan pointed out that Armenia is not interesting in terms of investment. It is necessary, he said, to create favorable environment for attracting foreign investments – otherwise, Armenia will become ‘a new-type ghetto’.

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