Latest news
The Delegation of the Government of Armenia participated at the world’s largest annual mining convention (PDAC, Toronto, March 1-4, 2015) to promote the Mining industry of Republic of Armenia.
The delegation was headed by
Hon. Yervand Zakharyan
the Minister of Energy and Natural Resources of RA.
Armenia-Canada Chamber of Commerce supports this mission and organized several meetings for companies like Dundee Precious Metals, Lydian Internarnational, Centerra Gold, Alicanto and others.
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In July 2014, Hon. Jason Kenney,
Minister of Employment and Social Development and Minister of Multiculturalism of Canada, visited Armenia. Mr. Kenney met with the President of Armenia Serzh Sargsyan, the Prime Minister Hovik Abrahamyan and others.
ACCC was actively involved in the organization and preparation for the visit. The full press release with details regarding the trip can be found on the website of the Government of Canada.
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Canada made the largest investments in Armenia in 2012!
Canada led foreign investments in Armenia in 2012, accounting for more than a fourth -- $102 million of $391 total investment.
>> more...
According to the National Statistical Service, Russia made $83 million in investment, with Switzerland accounting for $39 million.
Most of Canadian and Swiss money went into mining, while Russia and France led investments in telecommunications.
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The greeting letter from the Hon. Jason Kenney, PC, MC, the Minister of Citizenship, Immigration and Multiculturalizm of Canada |
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The ACCC signed discount contracts with major hotels and appartment service Agency in Yerevan
ACCC signed a partnership Agreement with the Armenian Development Agency.
ACCC signed a partnership Agreement with the Armenian Development Agency.
22.12.2008
ACCC has established direct partnership relations with State and Private entities in Armenia....
For 15 years, The Wall Street Journal and The Heritage Foundation have been measuring countries' commitment to free-market capitalism in the "Index of Economic Freedom." The 2009 Index, published this week, provides strong evidence that the countries that maintain the freest economies do the best job of promoting prosperity for all citizens.
According to this index
Canada's world rank is 7 and regional is 2 of 3
Armenia's world rank is 31, the regional rank is 18 of 43 or 1 in CIS countries
"Les Grands Explorateurs" explores Armenia
Welcome
Welcome to the Member's section of the web-page of the Armenia-Canada Chamber of Commerce (ACCC).
In this section you will find the latest news, an important information on Canada and Armenia including regulations on taxation, customs, business and etc, information on governments, information for travelers, information on available projects, offers, important links ...
Here you can place your adds and other information.
Our extensive experience allows us to evaluate your needs and determine the necessary elements which will assist you in the realization of your projects.
Our benefits program will help you to have a profitable outcome.
The interest of our Members is our interest.
Prof. Azat Vartanian,
the Chairman
Our services
Why to invest in Armenia ?
Investment opportunities: The investment and trade policies of Armenia are considered to be the most open in the CIS by international organizations. Foreign companies are encouraged to invest and are entitled by law to the same treatment as local companies. Moreover, they have a great number of advantages. Armenia's investment climate is continuously improving with a strong government commitment to attract the FDI, including the refinement of the legislative framework.
The Law on Foreign Investment, adopted in July 1994, regulates foreign investment in Armenia. It provides guarantees to foreign investors and protects investors from changes in the business related laws for five years. According to the Law, a "Foreign Investor" is any foreign company or citizen, a person without citizenship, an Armenian citizen permanently residing outside of Armenia, or an international organization that invests in Armenia. "Foreign investment" is any form of property, including financial assets and intellectual property, which is invested by a foreign investor directly in the territory of Armenia, in any economic or other venture. (ADA)
Why to invest in Canada ?
When a country has as much to offer as Canada , it’s impossible to pinpoint a single reason to invest in one of the most dynamic economies in the world. Canada boasts multiple advantages and unparalleled potential — a place where businesses can achieve excellence on a global scale.
- People Advantage: Canada is a nation of intelligent, educated workers, ranking #1 in the OECD in higher education achievement.
- Business Environment Advantage: The Economic Intelligence Unit has rated Canada the #1 place to do business in the G7 for the next five years.
- Economic Advantage: Canada has a robust and growing economy, projected to grow in 2006-07 by 2.8% according to the OECD’s Economic Outlook.
- Tax Advantage: Canada offers businesses low tax rates, boasting the lowest payroll taxes among the G7 countries.
- NAFTA Advantage: Canada ’s NAFTA advantage gives investors access to more than 443 million consumers and a combined GDP of more than US$15.4 trillion.
- The Asia-Pacific Gateway and Corridor Initiative (APGCI): Take advantage of Canada’s strategic location as the crossroads between the North American marketplace and the booming economies of Asia.
- Transportation Advantage: Canada has sophisticated infrastructure and a highly developed transportation network.
- Life Style Advantage: World-class universities, a universally acclaimed health care system, clean, friendly cities and spectacular scenery make Canada a great place to invest, work, live and raise a family.
Invest in Canada. We Mean Business.