HUMAN RESOURCES MAIN GUARANTEE OF SUCCESSFUL DEVELOPMENT OF ARMENIA

ARKA News Agency, Armenia
Nov 13 2007

YEREVAN, November 13. /ARKA/. The main guarantee of successful
development of Armenia is human resources, i.e. all Armenians in the
world, Armenia’s Prime-Minister Serge Sargsian said at the country’s
parliament in presenting the draft budget for 2008.

According to Sargsian, Armenia becomes the center of political and
economic interests for most of Armenians living in the world, and
they should be considered as financial and economic residents of
the country.

"This means that from now on it is impossible to develop and implement
any program without taking accounting this factor. The advantage of
our competition is the united potential of Armenians," Sargsian said.

In this respect the Prime-Minister also said that the neighboring
Azerbaijan positions itself as a raw material country and apparently
the development of oil industry has considerable impact on its
industry. Georgia, according to Sargsian, having favorable geographic
location focuses on ambitious programs of economic and political
development.