EN
24 February 2009 - 13:04 AMT

Armenians entrepreneurs protest legislation toughening

To prevent negative impact of the world crisis on the Armenian economy, we need to avoid toughening of legislation in production regulation and taxation, Chairman of Yerevan Jewelry Plant Board of Directors Emil Grigoryan said.

Presenting the projects to be implemented, Grigoryan said that last month a number of measures were worked out jointly with the Ministry of Economy, including reforms in legislation regulation, collaboration with banking systems, diamond mining industry.

The issues were endorsed by the Economy Minister Nerses Yeritsyan and are currently awaiting ratification, part of them being submitted to Armenian NA for consideration.

“Cooperation between the government and entrepreneurs is essential for an anti crisis policy development,” Grigoryan said.