YEREVAN. – Armenia has appeared in the neighborhood of Western European countries, right after the Netherlands and right before Belgium, in the World Bank’s “Doing Business Report 2013,” Economy Minister Tigran Davtyan stated during a press conference on Thursday. 

In his words, this year Armenia is a leading country in the report in terms of progress rate, as it jumped up eighteen points at once. Owing to this, the country has the best indicator among the CIS. Armenia is among the regional leaders, too, and solely Armenia and Georgia have recorded progress.  

As per Davtyan, in the “Doing Business Report 2013” Armenia has strong indicators with respect to construction permits, investment protection, and property registration. But the indicators are relatively lower in electricity connection, and in the tax, customs, and judicial sectors.     

Photo by Sona Barseghyan