It is in RA’s economic interests to hasten the extraordinary elections. adviser to the prime minister

It is in RA’s economic interests to speed up the extraordinary parliamentary elections. This is what Arsen Gasparyan, chief advisor to the RA Prime Minister, said in a conversation with journalists, noting that what he said yesterday after the government session was not correctly interpreted in the media, presenting that there is a difference between his and the Prime Minister’s statements.

“I must say that there is absolutely no difference, all members of our team have a clear approach that it is really in Armenia’s economic interest to speed up the extraordinary parliamentary elections,” he said, the newspaper writes.

He mentioned that he wants to give some clarifications to the fact that since June of this year, there is a great interest in Armenia among foreign businessmen. “As I said yesterday, many investors, both foreign and diaspora representatives, have expressed their interest in cooperating with Armenia and making investments during the last two months. What I just said was related to their interest, because their interest is growing, and because the demand of the people is for early elections, it is extremely important that all these aspirations of foreign investors are realized and the picture is complete. Now they have a government whose goal is to strengthen democracy in Armenia, and we have a parliament that the people are against. Therefore, these extraordinary parliamentary elections are important for the development of the RA economy,” he said.

According to Arsen Gasparyan, foreign investors are interested in Armenia’s water resources, they are particularly interested in the construction of reservoirs. There are also many people interested in digitization. According to him, investors are also interested in the fields of tourism, agriculture, energy, especially alternative energy, and light industry.

According to him, the interest is from Asia, particularly from China, Europe, the Middle East, and the USA. “I see a big change in the atmosphere of democracy. They see the legitimacy of how the new RA government is trying to support investors to create new jobs for the Armenian population,” he said.

It is noteworthy that the day before the same Arsen Gsaparian stated that the holding of extraordinary elections will not have any impact on investments, as the situation in Armenia is stable. He claimed that investors are not waiting for anything, but keep reaching out to them. “This happened especially in August, also in September. And, according to him, the holding of extraordinary parliamentary elections should not be connected with the investment policy,” he said.

However, he was opposed by the SRC chairman Davit Ananyannoting that businessmen are waiting for the extraordinary parliamentary elections to invest.

“Business takes a wait-and-see position where the political situation is not stable and waits for what kind of political solutions there will be. So the Prime Minister’s point of view is definitely correct. The longer the waiting period, the worse it is for the country, I say this as an economist. The shorter that period, the better for the economy”, said the Chairman of the SRC before the Government session on October 4.