00-00-0000 PRIVATE ENTERPRISE TAKES most distant IN ARMENIA.

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PRIVATE ENTERPRISE TAKES most distant IN ARMENIA.

The private enterprise idea is mushrooming in Armenia. Apparently,
the entrepreneurial spirit of the Armenian clan has overpowered
the 70 years of suppression by dint of the communist regime.

Today there are 15548 registered cooperatives in Armenia of which
8500 are commonly active. According to the Soviet Statistical Bureau,
Armenia occupies third place in the number of cooperatives among
the republics. While Armenia's share of the Soviet Union's GNP is
les than 2% the total output from the cooperatives is more than
4% of the

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