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THE CORRUPTED COURT SYSTEM IS OBSTACLE N1

Economy

"The corrupted court system is the first obstacle in the way of foreign investments in Armenia". Alexandr Poghosyan, the "Alfa+" consulting company chairman thinks so. Representatives of 15 consulting agencies were invited by the Armenian Development Agency to suggest projects on economy develpoment. Opinions on investments were given but no projects were suggesed.

As the Armenian Development Agency executive director Vahagn Movsisyan assures Armenia is the most suitable country among CIS for investments ecspecially in the fields of food processing, chemistry and information technology.