Business-Legal Changes Planned by the Armenian Government Program for 2016-2017

The Armenian government, in its program published in October 2016, has set out to improve Armenia's positions in the Global Competitiveness Index and the World Bank's Doing Business ranking by at least 4 points during 2017, among other changes:

  • Increasing the role of the Republic of Armenia's diplomatic representations in attracting investments
  • Development of a concept for granting citizenship of the Republic of Armenia to foreign citizens who invest a certain amount
  • Decriminalization of legal violations with lower public danger in the field of economic activity within 6 months starting from October 2016
  • Abolition of certain licenses and simplification of their issuance during 2017
  • Establishment of regulations limiting cash transactions
  • Development of a concept for the business mediator institute and its launch starting from 2018
  • Reform of the institution of conditional early release from serving a sentence within 6 months starting from October 2016
  • Clarification of deadlines for the execution of enforcement acts, improvement of the system, and reduction of discretionary powers
  • Implementation of measures for the provision of free legal assistance by lawyers who are not public defenders
  • Development of a system during 2017 to ensure that courts examine cases within reasonable timeframes
  • Development of a system for providing electronic services in the judicial system