2024-06-18 04:13:51
The present state of Armenia’s financial system, the challenges created, the steps taken throughout the framework of reforms, the issues confronted by businessmen had been included within the agenda of the session of the chairmanship of the Union of Industrialists and Businessmen of Armenia held on July 12.
“The present geopolitical and financial realities have created new challenges and alternatives for our financial system, and on this turbulent interval, businessmen have their say,” stated Arsen Ghazaryan, the president of the Armenian Chamber of Commerce and Trade, in the course of the session.
The individuals of the dialogue, specifically, referred to such pressing points because the scenario created within the monetary and banking system, the issues associated to cargo transportation and logistics, procurement of agricultural merchandise, enlargement of agricultural lands, and financial laws.
It was famous that resulting from plenty of elements, the devaluation of the nationwide dram considerably hinders the export of home items. It’s a important blow for firms within the discipline of knowledge applied sciences, nearly all of whose turnover is carried out in overseas forex. The customers of overseas transfers are additionally considerably affected. To be able to analyze the present scenario, to debate the issues in depth and to develop enough steps, it was determined to carry a spherical desk, inviting monetary and banking sector officers, consultants, and businessmen for an open dialogue.
A critical impediment to the export of Armenian merchandise is the issue of cargo transportation, which is brought on each by the load of the Lars checkpoint and the ensuing visitors jams, in addition to by the difficulties created in sea cargo transportation. The inadequate variety of freight transport automobiles within the nation additionally makes itself felt. Consequently, each the method of exporting agricultural merchandise, in addition to the success of the obligations undertaken earlier than overseas companions and the availability of deliveries throughout the agreed phrases, have turn out to be tough. It was proposed to prepare discussions to search out methods to beat the issue, utilizing the platform of the AGM {and professional} capabilities.
“It’s essential to activate the cooperation in all potential instructions, each with state-owned our bodies and financial and public circles, with the intention to establish the obstacles and contributing elements to the stabilization and promotion of the financial system and to develop options,” stated Arsen Ghazaryan, the president of the Armenian Nationwide Academy of Sciences.
The session mentioned and accredited the vary of points that the Union of Industrialists and Businessmen of Armenia will current to the newly appointed member (minister) of the Financial and Monetary Coverage Board of EEC Bakitzhan Sagintaev in the course of the upcoming working assembly.