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FIAS ADDED CHAPTER ON EXPORT IN REPORT FOR FPIC

Business Materials 10 August 2005 13:38 (UTC +04:00)

Foreign Investments Assisting Service (FIAS), established by the International Finance Corporation made some additions in its report on the Fund for Promotion Investments and Consultations (FPIC). FIAS added the chapter on export in its report, head of FPIC Emil Medjidov told Trend.

"FIAS has not given a deep analysis but made up a chapter, in which there are substantiations on the issue with taking into account the size of the country and the data base. They also noted, there exist risks of “outweighing “ of any functions of the Fund- promoting investments and promoting export and offered to keep the relevant balance”, Medjidov noted.

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