We bring a new vision, since...

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... the Armenian economy has undergone a major transformation during the last fifteen years. It has progressed from a planned global scale industry and agriculture inherited from the former Soviet Union to a developing and prosperous small and mid-size entrepreneurship. Since the successful stabilization of economy in the mid 1990s and the introduction of a free trade regime the economy has experienced low inflation and stable exchange rate. Recording a GDP average growth of 10 per cent annually, Armenian economy with its liberal investment legislation has become very attractive for foreign investments.

Moreover, today the banking system of the country also undergoes a boost and creates favorable conditions for business activity. It is worthwhile mentioning that foreign direct investments and aid aimed at offset of trade imbalance also play a significant role in Armenian economy and support the growth and development in the country. Leading commercial enterprises and joint ventures have already gained solid reputation, which allows to establish trade links worldwide and promote the export of Armenian products.