On March 23, the presentation of a guide entitled “Armenia: Great country, smart opportunities” was held in the Ministry of Economic Development and Investments of RA. The guide was prepared by the joint efforts of KPMG JSC, which is one of the Big Four auditors and the Ministry of Economic Development and Investments of RA.

Minister Suren Karayan said the guide provides comprehensive information on Armenia’s business and investment environment. He said the guide can serve as an effective tool for attracting investments, by providing the necessary information to potential investors. Karayan stated that the guide is a reliable and credible assessment for foreign investors over Armenia’s investment attractiveness. Minister Karayan also attached importance to the memorandum signed with KPMG earlier in the Government based on which the Ministry will cooperate with the company on preparing new information materials to present Armenia’s investment and business environment. In the frames of this cooperation the Minister proposed the company representatives to actively take part in various international investment forums.

KPMG Russia and CIS country partner member Victor Akulyan thanked Suren Karayan for the Ministry’s active involvement in the guide preparation works and productive cooperation.

“I want to state that the presentation of the guide during Armenia-UAE Investment Forum received positive reactions. We held discussions with various potential investors who were interested in the guide. I also want to note that our office in UAE expressed readiness to assist and cooperate in works of attracting investments in Armenia”, Victor Akulyan said.

“Armenia: Great country, smart opportunities” guide provides complete information on Armenia's business and investment environment, with descriptions of outlined priority sectors and existing investment projects, emphasizing Armenia's competitive advantages ,ongoing reforms.

“Armenia: Great country, smart opportunities” guide contains necessary information on legal regulations of economic sector, system of granting existing privileges, trade preferential regimes, macroeconomic and financial indicators, tax and customs legislation, free economic zones.