YEREVAN, April 3. /ARKA/. Reforms of Armenian legislation in the field of bankruptcy were discussed at a meeting between Deputy Minister of Justice of Armenia Tigran Dadunts and representatives of the Asian Development Bank (ADB) and the French Development Agency (AFD).
The Deputy Minister presented the process of developing a new Bankruptcy Code, in which national and international experts from the ADB are participating. The document has already been submitted to interested bodies and posted on the Unified Portal of Draft Regulatory Acts (e-draft.am) at the following link: https://www.e-draft.am/projects/8491, the press service of the Ministry of Justice reports.
The representatives were informed about the work done to introduce and launch the electronic bankruptcy system (e-bankruptcy), the possibilities and timing of its implementation.
About the Asian Development Bank
Since the beginning of cooperation with Armenia in 2005, ADB has invested $1.9 billion in the country’s economy as of December 2024.
About the French Development Agency
The French Development Agency (AFD) has been present in Armenia since 2013, participating in projects that contribute to the fight against climate change, a just and inclusive transition..
