2009 program of measures of Armenian Development Agency approved

YERE VAN, JANUARY 16, NOYAN TAPAN. The 2009 program of measures of the
Armenian Development Agency (ADA) CJSC was approved at the January 16
sitting of ADA’s Council. The sitting was conducted by the the council
chairman, RA prime minister Tigran Sargsyan.

ADA’s CEO Robert Harutyunian said that the document includes some
interesting investment proposals which should be developed into
programs. The measures indicated in the program will be carried out
with the aim of encouraging investments and exports, improving the
business and investment environment, and assisting with development of
the IT sector.

The program envisages promoting exports through such measures as the
development of export-oriented enterprises and the preparation and
impementation of programs on marketing, as well as new export programs;
the study of needs of local market and enterprises and foreign markets
for assessing the export potential of enterprises.

Accoridng to R. Harutyunian, with the aim of improving Armenia’s
business and investment environment and the IT sector, continuous work
will be done with the business and IT communities, including with
working groups, in order to identify the existing problems, assess the
opportunities of their solution, develop the respective proposals,
discuss them and to approve the necessary measures in cooperation with
the Business Support Council and the IT Development Support Council.

NT was informed by the press service of the RA government that the 2009
estimate of expenditure of ADA CJSC was also discussed and approved
during the sitting.