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ARMENIAN ECONOMY IN NEED OF DIVERSIFICATION
By Messenger Staff
The Messenger
Sept 14 2010
Georgia
The Armenian government plans to hold debates on economic issues
jointly with ministers and parliament members, Armenia's Economic
Minister, Nerses Eritsian, stated on September 10. Such debates
will be examined by the Armenian President and thus the country's
future development will be determined for the next 20 years. Minister
Eritsian stated as well in his appearance in front of the students that
Armenia's economy needed serious diversification. According to him,
the government plans to develop its industrial policy and attract
serious foreign investment. The Minister also expressed his opinion
that Armenia has certain geo-political as well as regional limits
which create additional challenges for the country's economy. Eritsian
stated that it is necessary for the country's development to establish
a healthy, compatible and appropriate environment to facilitate
development for small and medium sized businesses. The country should
also develop its export market, thinks Ricardo Housman, director
of the Harvard International Development Institute Center. Housman
thinks that this could be achieved by developing tourism information
technologies and agriculture. He added that, in general, Armenia
products need to be made more attractive.
From: A. Papazian
By Messenger Staff
The Messenger
Sept 14 2010
Georgia
The Armenian government plans to hold debates on economic issues
jointly with ministers and parliament members, Armenia's Economic
Minister, Nerses Eritsian, stated on September 10. Such debates
will be examined by the Armenian President and thus the country's
future development will be determined for the next 20 years. Minister
Eritsian stated as well in his appearance in front of the students that
Armenia's economy needed serious diversification. According to him,
the government plans to develop its industrial policy and attract
serious foreign investment. The Minister also expressed his opinion
that Armenia has certain geo-political as well as regional limits
which create additional challenges for the country's economy. Eritsian
stated that it is necessary for the country's development to establish
a healthy, compatible and appropriate environment to facilitate
development for small and medium sized businesses. The country should
also develop its export market, thinks Ricardo Housman, director
of the Harvard International Development Institute Center. Housman
thinks that this could be achieved by developing tourism information
technologies and agriculture. He added that, in general, Armenia
products need to be made more attractive.
From: A. Papazian