Armenia Comes 52nd In WEF Report

ARMENIA COMES 52ND IN WEF REPORT

May 19, 2010

Armenia has bettered its position in the report of the World Economic
Forum (WEF).

Published for the third year in a row and covering 125 economies
worldwide, the report presents a resource for dialogue and provides a
yardstick of the extent to which economies have in place the necessary
attributes for enabling trade and where improvements are most needed.

The Enabling Trade Index was developed within the context of the
Forum’s Industry Partnership Programme for the Logistics and Transport
sector, in close collaboration with the project’s data partners.

Singapore and Hong Kong SAR continue to occupy the top two positions
followed by Denmark, Sweden and Switzerland in The Global Enabling
Trade Report 2010. New Zealand, Norway, Canada, Luxembourg and the
Netherlands complete the top-10 list. Among the large economies,
Germany is the best performer at 13th, ahead of the United States,
which drops by three places to 19th. China (48th) and Brazil (87th)
remain stable, while Turkey (62nd), India (84th) and Russia (114th)
drop in the ranking. Armenia comes 52nd in the report leaving behind
Azerbaijan (77), Ukraine (81), Kazakhstan (88) and Russia (114).

http://a1plus.am/en/economy/2010/05/19/wef