RUSSIA INTENDS TO CONCENTRATE EFFORTS ON INTRODUCTION OF ADVANCED TECHNOLOGIES IN ARMENIA

ARKA News Agency
Jan 21 2008
Armenia

YEREVAN, January 21. /ARKA/. Russia intends to concentrate efforts
on introduction of advanced technologies in Armenia, Armenian Trade
and Economic Development Minister Nerses Yeritsyan said on Monday,
after attending Armenian-Russian business forum in Yerevan.

He said that software-related issues were raised at the forum and
Armenia proposed to create Armenian-Russian joint software stock in the
country, since there is high demand for such a kind of services here.

Yeritsyan said that Russia has expressed willingness to invest in
engineering and machine-tool industries.

"Today our objective is to establish correct relations with potential
partners and attracting major investments", he said. Ara Abramyan,
president of Russian Armenians’ Union, said that Russia is willing
to act and its proposals are quite feasible. "Armenian businessmen
in Russia expect Armenian-Russian partnership to be continued and
produce results", Abramyan said.

Earlier, Yeritsyan said that the program of information technologies
development in Armenia would include several sub-programs, such as
the program aimed at enhancing Internet availability and Armenian IT
sector’s competitiveness.

The program also contains one sub-program of industrial park creation
in Armenian city of Gyumri. AMD 80 million was allocated for that in
the 2008 state budget.