MEMORANDUM ON MUTUAL UNDERSTANDING TO BE SIGNED BETWEEN ARMENIAN AND INDIAN GOVERNMENTS

ARMENPRESS
Oct 8, 2008

YEREVAN, OCTOBER 8, ARMENPRESS: Government of Armenia approved today
at its session the suggestion on signing memorandum of understanding
between Armenian and Indian governments on creating an Armenian-Indian
Information Telecommunication Technology Excellence Center.

Minister of Economy Nerses Yeritsian explained that the signing of the
agreement will give an opportunity to develop IT sphere in Armenia,
create new jobs, involve scientific potential in the works, prepare
high-quality specialists of IT sphere.

According to the minister, in IT sphere certain steps have already
been undertaken in consolidating Armenian-Indian cooperation in IT
sphere, particularly the sides signed a memorandum of understanding
on Cooperation in the IT and Services sphere.

The specialists of the Indian IT center who visited Armenia in 2007,
studied the opportunities of establishing such center in Yerevan and
as a result worked out and presented the above mentioned memorandum.