Yerevan /Mediamax/. Session of the Council of Heads of CIS security market regulatory bodies concluded in Tsakhkadzor today.

Mediamax reports that the Deputy Chairman of the Central Bank of Armenia Vache Gabrielyan stated that serious decisions were made at the session in the sphere of protecting investors’ rights and security market taxation. He noted that this will allow making security markets of CIS countries more integrated.

According to the representative of CIS Executive Committee Azam Usmanov, practically all security markets in CIS are in equal conditions. At that he noted that Armenia is actively interested in integration, which is obvious from the changes in the legislation and the decisions of Armenian CB.

Speaking about the influence of the crisis on security markets in CIS countries, Usmanov stressed that the crisis had strongest influence on countries, which were more integrated with the global economy. Concerning development of the capital markets, according to Usmanov, Armenia has significantly stirred up recently, and Russia, Ukraine and Kazakhstan are still considered to be the leaders.