The judicial and legal system is not ready to encourage investments: Misak Tebelekyan.

New realities, new government and new ambitions for the improvement of investment environment. However in new Armenia, despite new realities, problems are old. The American-Armenian businessman, a doctor of technical sciences Misak Tebelekyan notes with regret that there is no confidence for making investments. "The judicial system has remained the same. There is a necessity for the Code changes, some of the articles of the Code hinder many investments. I would prefer the old personnel to be replaced by the new one. For example our neighbor country Georgia has quickly solved that problem", mentions Tebelekyan.

Misak Tebelekyan notes that any investor should be protected, he must know that his interests are protected. "What we see today does not contribute to it. With the help of new Code, new judges  and  prosecutors we  should have contributed  to the improvement  of our country's investment environment", he says. According to Tebelekyan, the most important precondition for improving investment sector is to create a judicial and legal protected system environment.      

American-Armenian businessman assures that he came due to patriotic motives, but that's not enough for doing business. "But in case of good conditions and positive athmosphere, probably many Armenians will come: foreigners should also be encouraged. We have great opportunities, especially in our IT sector. We have a great specialists in Silicon Valley. Today's youth is capable and smart, and we can achieve great developments", says  businessman. Find the details  in the program "Paradigm".