The new tax package aims at improving Armenia’s business environment, creating more favorable conditions for business development, Armenian Prime Minister noted.

When presenting 2012 draft state budget, Tigran Sargsyan pointed out the problem of economic development as an impediment to country’s national security.

Prime Minister further noted creation of free economic zone as an inducement for private investments in Armenia.

Sargsyan also attached importance to joint programs with EU that enable Armenian businessmen enter European market.