State Department: Corruption Remains Obstacle to US Investment in Armenia
Corruption remains an obstacle to US investment in Armenia, US State Department said on the investment climate in Armenia for 2022, NEWS.am reports.
"Corruption remains an obstacle to U.S. investment in Armenia, particularly as it relates to critical areas such as the justice system and concerns related to the rule of law, enforcement of existing legislation and regulations, and equal treatment. Investors claim that the health, education, military, corrections, and law enforcement sectors lack transparency in procurement and have in the past used selective enforcement to elicit bribes," the statement said.
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