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World Armenian Congress to set up strategic studies center

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  • World Armenian Congress to set up strategic studies center

    World Armenian Congress to set up strategic studies center
    By Tigran Liloyan

    ITAR-TASS News Agency
    October 13, 2004 Wednesday

    YEREVAN, October 13 -- World Armenian Congress and the Union of
    Armenians of Russia will set up a center for strategic studies and
    an Armenian investment fund, president of these two organizations
    Ara Abramyan said on Wednesday.

    Abramyan leads the work of an international Armenian economic forum
    that convened in Yerevan.

    He said the objective of the strategic studies center is to set
    the main guidelines for the development of Armenia and the Armenian
    community in the economic, social and cultural spheres, and work out
    ways of realizing them.

    The emerging Armenian investment fund will handle programs developed
    by the center, as well as other projects.

    Abramyan proposed to conclude an agreement on cooperation between
    the Armenian government and World Armenian Congress, in order to set
    the main parameters of economic cooperation and terms of implementing
    investment programs.

    Priorities are the development of entirely new mechanisms of
    integrating Armenia's economy into the global economy and international
    business organizations.

    He believes the country's economic development should proceed along
    the lines of pooling the efforts of business circles of the Armenian
    diaspora and Armenian authorities, as well as the assistance to
    specific business programs aimed at facilitating the socio-economic
    development of the country.

    A more effective use of the political and economic potential of the
    Armenian diaspora in foreign states, and the opportunities provided by
    international financial and economic organizations assumes increasing
    significance, Abramyan said.

    He proposed to discuss at the forum the projects to build a business
    and trade center in Yerevan, and a housing complex in central Yerevan,
    renovate the highland resort of Tsakhkadzor and build a tinned food
    factory in the regional center of Yekhegnadzor.
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