July 7, 2011 - 14:16 AMT
Georgia doesn’t want Armenian business in Javakhk – party leader

Chairman of Virk Party David Rstakyan thinks that entrepreneurs from Armenia will sooner or later have problems in Georgia when running their own business.

“The policy currently pursued by the Georgian authorities and its logic with regard to Armenians are not promising,” Rstakyan told a press conference in Yerevan adding that the time will come for Armenians to face serious problems with Georgia’s security system.

He also noted that, although Armenian businessmen are offered to set their business in Georgia, the situation dictates to do it in other provinces of the country rather than in Armenian-populated Javakhk.

According to the data issued by the Public Records Service of Georgia, with participation of Armenian citizens, only from January 1, 2011, nearly 100 business entities were registered, of them 70 limited liabilities companies, 3 affiliates, 24 private entrepreneurships, as well as several non-commercial organizations. Investors prefer to establish business in Georgia because in this country laws for running a business are very liberal, and the country authorities create all necessary conditions for “newcomers”.