On February 5, 2024, the Association of Accountants of Armenia and the Investment Council of Armenia signed a memorandum of cooperation.

On February 5, 2024, the Association of Accountants of Armenia and the Investment Council of Armenia signed a memorandum of cooperation.
The leaders of the two organizations Vahagn Hambardzumyan, Hovsep Patvakanyan, the head of the accountants and auditors training-consulting center Vakhtang Mirumyan, senior economist of the Investment Council of Armenia David Aghajanyan, as well as the members of the Board of the Association, were present. Cooperation aims to improve the legislative framework of the business sector, as well as to find joint solutions to the existing problems. The above processes involve not only businessmen but also specialists with a large amount of knowledge in the tax sphere, who often participate in the processes of development of legal acts of the industry by state authorities. The signing of the memorandum opens a wide range of opportunities and makes the expectations of cooperation more favorable for both parties.
Such cooperation creates the basis for a new culture of business environment in Armenia. The signatories to the memorandum note that the blend of their experience and expertise, as well as their determination to bring about positive change in the country, is the foundation that will yield positive results not only for the members of the Association and the Council but also for every person engaged in business.