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24 January 2003 - 18:31 AMT

SMALL- AND MEDIUM-SCALE BUSINESS FORUM OPENED IN YEREVAN TO CONSIDER OBSTACLES TO DEVELOPMENT

The 2-nd Republican Forum of small- and medium-scale business, which opened in Yerevan today, set about discussing factors hampering development of enterprise in Armenia and searching for possible ways to overcome them. As director of the National Center for small- and medium-scale business development Rshtun Martirosian told “Mediamax” agency, beginning this August an experimental program of providing credit guarantees to small- and medium-scale enterprises will be launched. In case of success, implementation of a wider program will begin next year.