"ARMENIAN-INDIAN ITT STUDY CENTER" WILL FUNCTION IN YEREVAN IN 2010

ARMENPRESS
DECEMBER 16, 2009
YEREVAN

YEREVAN, DECEMBER 16, ARMENPRESS: "Armenian-Indian ITT Study Center"
will function in Yerevan in 2010. The works on establishing the
center are being carried out within the framework of the agreement,
signed between Armenian and Indian governments, which is called to
boost bilateral cooperation between the two countries in information
and telecommunication technology spheres. From Armenia the works are
coordinated by the "Enterprises Incubator Foundation" and from India by
"Calculating Leading Developments Center."

Armenian Economy Minister Nerses Yeritsyan said today at a meeting
with reporters that the IT sphere is one of the developing branches of
economy in the two countries and in case of exchange of experience,
knowledge, serious success may be achieved. He considered not less
important the Diaspora of the two countries which is an important
factor in the development of IT sphere.

According to Yeritsyan, the center will be created in the Yerevan
State University but will be available for all the researchers. It will
create a platform for expanding the business-university ties, exchange
of specialists. It is technically equipped and will have difficult
programs which will allow solving complicated scientific-research
issues.

Indian ambassador to Armenia Achal Kumar Malhotra noted that during
the last 20 years in the ITT sphere their country registered a notable
progress. "This project is a part of policy adopted by the Indian
government – exchange of experience with developing countries. We are
ready to be reliable partner for Armenia, we want to boost bilateral
relations more. I am completely sure that with the support of the
minister this project will be implemented in the planned timeframe
and will have a long life," the ambassador said.

Director of the "Enterprises Incubator Foundation" Bagrat Yengibaryan
noted that in January 2010 Armenian professors will leave for India for
training after which they will conduct training classes for the local
specialists in Armenia. Besides three specialists from India will be
in Armenia for a year and support in the creation and consolidation
of the center.