YEREVAN. – Indeed there is a problem of corruption in Armenia, US Ambassador Richard Mills told reporters, and along the lines of Wednesday’s US-Armenia Business Conference being held in capital city Yerevan.

Mills recalled that the Prime Minister of Armenia likewise spoke about the aforementioned last week, and as per the diplomat, the American entrepreneurs need to consider this fact.

In the US ambassador’s view, the best way for combating corruption in business is the examples that will show how economic activity can be carried out with success, but without corruption.

Richard Mills added that the American companies can serve such an example, and expressed the hope that it will be possible to draw new entrepreneurs and new businesses toward Armenia.