Economy
12:17 28/10/2015
Armenia ranks 35th in Doing Business 2016 report
The World Bank and the International Finance Corporation released on Tuesday, October 27, Doing Business 2016 report. Armenia has moved up 3 places to rank 35th among 189 countries.
According to the report, Singapore, New Zealand, Denmark, South Korea, and Hong Kong are the best places to do business.
Armenia has made dealing with construction permits easier by exempting lower risk projects from requirements for approval of the architectural drawings by an independent expert and for technical supervision of the construction. Besides, by joining the Eurasian Economic Union the country has reduced the time and cost for documentary and border compliance for trade with the Russian Federation. Finally, enforcing contracts is now easier through a new law requiring that cases be assigned to judges randomly, and through a fully automated system, in courts throughout the country.
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:
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