[vc_row][vc_column][vc_column_text el_class=”text-justify”]Doing business in Armenia is completely profitable, Union of Manufacturers and Businessmen of Armenia (UMBA) President Arsen Ghazaryan told reporters on Thursday.<\/p>\n
Ghazaryan noted the aforementioned reflecting on Prime Minister Hovik Abrahamyan\u2019s meeting on Wednesday with representatives of the country\u2019s big businesses.<\/p>\n
The UMBA chief added that Armenia\u2019s business circles want to believe in the PM\u2019s statement that, as of July 1, there should be equal conditions for all businesses in the country.<\/p>\n
\u201cCertainly, the situation will not change in one day. But I would like to hope that the business and the public administration will be able to achieve qualitative changes in one or two years,\u201d Ghazaryan stressed.<\/p>\n
To the query as to whether the Armenian government has become more stringent and, as a result, doing business in Armenia has become non-profitable, Arsen Ghazaryan responded: \u201cIt is very profitable, and those whose profits are already sufficient should not whine.\u201d<\/p>\n