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Entrepreneurs Travel to Armenia with AGBU YP Paris

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  • Entrepreneurs Travel to Armenia with AGBU YP Paris

    AGBU Press Office
    55 East 59th Street
    New York, NY 10022-1112
    Phone: 212.319.6383, x118
    Fax: 212.319.6507
    Email: [email protected]
    Website: www.agbu.org

    PRESS RELEASE

    Wednesday, October 22, 2008

    Entrepreneurs Travel to Armenia with AGBU YP Paris

    >From September 3-9, 2008, a small group of business people under the
    auspices of the AGBU Young Professionals of Paris (YP Paris) traveled to
    Yerevan, Armenia to acquaint themselves with the country's economy,
    which is considered to be the most open marketplace of the former states
    of the Soviet Union.


    The YP Paris trip ensured that the professional interests of each
    participant were included on the busy itinerary. The trip helped
    participants establish contacts with professionals in Armenia and it
    enabled them to shape their own opinions of the country's economic
    outlook.

    The schedule included visits to several companies from different
    sectors, as well as governmental structures. During the trip,
    participants observed that strategic sectors such as construction,
    banking, information technology and precision engineering were in active
    development and of high interest to foreign investors, along with
    tourism, the food-processing industry and renewable energies, which is a
    budding sector in Armenia.

    While YP Paris members note that Armenia is well-positioned in the labor
    market as a high-quality provider with a multilingual workforce, they
    also recognize that the younger generation is faced with many
    challenges, including the country's high rate of unemployment.

    In commemoration of the 20th anniversary of the 1988 earthquake, YP
    Paris also set aside time to travel to Gyumri to speak with local youth
    about their hopes and dreams for the future.

    AGBU YP Paris is part of a growing network of YP Groups and supporters
    around the world who are committed to preserving and promoting the
    Armenian identity and heritage through educational, cultural and
    humanitarian programs. For more information on YP Paris, email
    [email protected] or visit http://ypparis.ugab.fr/.

    For more information about the AGBU YP Network, please visit
    agbu.org/yp.
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