A key feature of our ideology is to encourage people to take concrete steps in order to shape their own future.

Prime Minister Nikol Pashinyan on Monday noted about the above-said while responding to the queries posed by those in attendance, after his address at the European Parliament Committee on Foreign Affairs, in Brussels.

“After the political revolution, we kept urging our citizens to more actively engage in economic activity,” he said. “Before the revolution, we had monopolies and oligarchy that restricted the economic opportunities in our country. Now we are opening the field, creating equal conditions for all players. What matters most is that we are also reforming our regulatory framework in favor of small and medium businesses. And we will try to create a new field of economic activity—the micro business—where people might be free from tax burden.

“We are also going to make legislative amendments to improve the investment climate. We will develop infrastructures, and here we will need technical and financial support from the European Union [(EU)].

“Again, I find it important to stress that we should continue to build stronger democratic institutions in Armenia.

“In conclusion, I would like to emphasize that democracy and the rule of law are irreversible in Armenia, and the former corrupt system has no chance of return in our country.”