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Through the Ministry of Economic Development and Investments we will have a kind of a business ombudsman, Armenian Prime Minister Karen Karapetyan told during the extended interview to TV Channels. To Karapetyan’s words, the ministry will support the economic entities to overcome existing hindrances.

Asked what assurances the state may provide the investors from the Diaspora, the Prime Minister said: “We want to open up the investment field not only for Diaspora Armenians, but also for the Chinese and anybody else. In order for them to feel protected we will ensure a mutual link through the Ministry of Economic Development and Investments that, speaking roughly, will act as an ombudsman for the businessman, a protector, a mediator to support them facing hindrance”.

Apart from the ministry, Karapetyan also informed about the names and data of other responsible bodies that closely work with him soon to be published.

“We have also registered the business decriminalization, laying out the actions to be taken toward both law-abiding or unlawful businesses. Even the most law-abiding businessmen have been warned from not exceeding their authority. We will undoubtedly turn to law enforcement for any abuse of authority. This is a working mechanism and yes, we will be consistent to move forward and to see the results,” Karapetyan stressed.