YEREVAN.- Carrefour Group’s entering Armenian market will improve competition here, Armenian Economy Minister told reporters on Thursday.

Tigran Davtyan noted that a number of goods and services would become more available to the consumers.

The government is interested in Carrefour’s entering Armenia, as it is not only business but culture, he stressed.

“We are doing our best to attract Carrefour as soon as possible, it refers to all transnational companies,” Davtyan added.

In his words, the government provided $40 million for holding talks to attract transnational companies.  

He noted that Carrefour’s coming into the Armenian market is conditioned exclusively by problems with a private entity. However, Davtyan stressed it is a usual thing for business.