Armenian business in Georgia

The economic situation in Armenia and its unfavorable environment, has forced local businessmen to relocate their business activities from Armenia, to places with better conditions. In this regard it has become evident a new tendency has emerged where Armenian businessmen prefer to start business in Georgia by relocating their activities from Armenia into the neighboring state. As Professor David Gasparian stated, around 200 businessmen have moved their activities into Georgia. The reason for such moves are due to a vividly better business environment in Georgia and therefore Armenian businessmen find it more attractive and profitable for them to conduct activities in Georgia.