Armen Sarkissian: April developments essentially raised Armenia’s international reputation
The political transition processes in April essentially improved Armenia’s international image, enabling the country to maintain its internal and external stability amid the staggering global situation, President Armen Sarkissian said today as he hosted a delegation of domestic entrepreneurs.
As viitally positive step towards developing the economy, he highly appreciated the new government’s resolute commitment to fight and eradicate corruption. “It is a well-known fact that Armenia has today declared, and embarked upon, an anti-corruption campaign – which doesn’t certainly go unnoticed by the world, including both the United States and Russia, and certainly Europe,” he said, highlighting especially the importance of judiciary reforms.
“We want to have the kind of courts we are dreaming about, because businesses cannot possibly develop without the people’s trust in the system,” the president noted.
He added that the countries attracting large-scale investments normally have an accomplishment judiciary, inspiring a high level of trust among international partners.
Noting that the English, Swiss and Swedish models are often cited as positive precedents, the president proposed developing also the courts of arbitration in Armenia. In his words, the institution is highly valuable in terms of “enabling more effective negotiations and dialogue”. “There are laws which are really well-written, but we do not unfortunately have the appropriate culture [to apply them],” he added.
The president further called attention to the banking and financial-economic sectors. He noted that the national currency, the Dram, did not depreciate after the “Velvet Revolution”. “That instills a clear consciousness in people that Armenia has a sustainable economic system and therefore, the Republic of Armenia is really a trustworthy partner,” he added.
Sarkissian did not miss the chance to thank also the Diaspora “for creating the worldwide image of an Armenian as an honest and diligent person. He appreciated the efforts as a great value for both the country and its business environment.
The meeting, held at the Presidential Palace was also attended by Acting Prime Minister Nikol Pashinyan.
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