The Armenian government has approved the draft law "On Investments," which will replace the current document on foreign investment. The new regulation applies to both foreign and Armenian investors, creating uniform rules for operating in the market.
The key provision is the principle of non-discrimination: foreign investors receive the same rights, freedoms, and obligations as local companies. In addition, a most-favored-nation regime is introduced—participants from different countries, under comparable conditions, should expect equal and favorable treatment from the state.
The document enshrines guarantees of legal and physical protection of investments, transparency of regulation, free movement and conversion of capital, the right to hire personnel, and access to judicial protection. Exceptions are provided only within the framework of Armenia's international obligations, including EAEU agreements and other integration formats.