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Troika Dialog: Armenia Has Good Development Prospects But It Must Be

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  • Troika Dialog: Armenia Has Good Development Prospects But It Must Be

    TROIKA DIALOG: ARMENIA HAS GOOD DEVELOPMENT PROSPECTS BUT IT MUST BE ABLE TO OVERCOME OWN WEAKNESSES AND HARD EXTERNAL CIRCUMSTANCES

    ArmInfo
    05.03.2010

    ArmInfo. The industry of Armenia is undergoing transformation and
    modernization in conformity with new realities, Chairman of the
    Board of Directors of Troika Dialog Ruben Vardanyan said during a
    press-conference today.

    This process is not over and there is room for improvement. Vardanyan
    hopes that Armenia has overcome the hardest times: decline of key
    economy sectors.

    As regards IT and tourism development, Vardanyan pointed out the
    importance of attracting people ready to spend their money not
    only on rest. "You should find correct models. For example, medical
    tourism can foster Armenia's development. Current projects can be
    quite attractive for investors. Armenia has good prospects for normal
    development, simply, it must be able to overcome its own weaknesses
    and hard external circumstances," Vardanyan said. He pointed out that
    the possible opening of the Armenian-Turkish border may bring about
    serious economic changes.
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