Armenia among best countries for starting a business - reportNovember 9, 2016 - 14:06 AMT PanARMENIAN.Net - In the World Bank’s Doing Business-2017 report, Armenia took the ninth spot among 190 states worldwide for starting a business. The country was ranked the fifth in a similar ranking a year earlier. New Zealand, where businesses can be established in less than one day tops the ranking, while Canada, where only two procedures are needed to start a business, and Hong Kong are next in the second and third positions, respectively. Macedonia came in the fourth, closely followed by Azerbaijan, Singapore, Australia and Georgia. In Doing Business 2017, Armenia improved its overall rank this year by five notches, climbing to 38th among 190 countries reviewed. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched. Aliyev travels to Turkey at Erdogan's invitation On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions” The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions. Russia sends note of protest to Armenia over envoy’s trip to Ukraine’s Bucha Russia has sent a note of protest to Armenia over the visit of Vladimir Karapetyan and Tigran Ter-Margaryan to Bucha. |