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  • Contracts Of Total Cost Of 800 Thousand Dollars Signed BetweenInform

    CONTRACTS OF TOTAL COST OF 800 THOUSAND DOLLARS SIGNED BETWEEN INFORMATION TECHNOLOGY COMPANIES OF ARMENIA AND CANADA

    Noyan Tapan
    Apr 11 2006

    YEREVAN, APRIL 11, NOYAN TAPAN. 64 Canadian companies and more than
    20 Armenian ones are cooperating through the Toronto-based Armenian
    Information Technologies (IT) Canada Office, with the total cost of
    the contracts signed between them making 800 thousand USD. Bagrat
    Engibarian, Director of the Enterprise Incubator Foundation, stated
    this at the April 11 press conference.

    According to him, these companies are now discussing many draft
    programs, and in case of reaching agreements, contracts worth a
    total of 1 mln USD will be signed as well. It was mentioned that
    in parallel with extension of Armenia-Canada cooperation, various
    programs on training, business trips, exhibition participation and
    mutual visits are being implemented. B. Engibarian said that a pilot
    program launched by the Armenian IT Canada Office in October 2004
    will operate until December 2006.
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