BUSINESS DOESN’T RECOGNIZE NATIONALITY
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[03:22 pm] 01 June, 2006
The second Armenia – Diaspora congress will be held on September
20 which has been held since 2003. Tigran Davtyan, Deputy Minister
of Trade and Economic Development invited a few journalists to
participate at today’s press release and presented them the objective
of the congress.
According to the press secretary of the Ministry they wished to hear
few questions and didn’t want the information to be distorted in the
torrent of questions.
During the press conference Tigran Davtyan informed that the start
of the congress is already announced and the tenders of participation
are received. Each businessman is to pay 100 EUs for his participation
but the sum will become 50 EUs by September 1.
About 300 – 400 businessmen from Armenia and the Diaspora participated
in the previous congress. There were also representatives of
international organizations. This year the number of the businessmen
is supposed to exceed 500. In the newly opened Ministry website one
can read the Minister’s open letter-invitation according to which
foreign businessmen can also have their participation and contribution
to the congress as “business doesn’t recognize nationality and has
no frontiers.”
1.5 milliard USD investment was done in Armenia within the recent 4 –
5 years, only 500 million USD was invested last year. According to
the Deputy Minister the sum of the past 5 years investment was equal
to that of the previous 10 years. The investments were comparatively
more in the recent one and a half year.
The main investments were done in mining industry, telecommunication
and in high tech spheres.