UNIDO TO ASSIST ARMENIA WITH INNOVATION ACTIVITY DEVELOPMENT

Noyan Tapan
Apr 25 2006

YEREVAN, APRIL 25, NOYAN TAPAN. The RA Ministry of Trade and
Economic Development is working out jointly with the UN Industrial
Development Organization (UNIDO) Armenia Office a program on
financing of the measurus envisaged by the 2005-2010 Program on
Development of Innovation Activity in the Republic of Armenia. NT
correspondent was informed about it from Ashot Khandanian, Head of
the Science, Technologies and Innovation Policy Department of the
ministry. According to him, it is intended that the measures will be
financed from the RA state budget and with funds to be provided by
donor organizations and the private sector. The UNIDO has expressed a
willingness to assist with financial resources of donor organizations
for the purpose of financing the 2005-2010 Program on Development
of Innovation Activity in the RA. It was noted that the allocation
of budgetary resources was outlined in the RA draft law on state
assistance of innovation activity. The draft law is expected to be
passed in third reading by the RA National Assembly during the next
four-day session.

From: Emil Lazarian | Ararat NewsPress