ArmInfo. Armenia's government pledged to form a high-tech, inclusive and export-oriented economy, Vice-Premier Hambardzum Matevosyan stated at the Annual Investment Meeting-2022 in Dubai.
Armenia's government is encouraging foreign investments in innovative technologies to promote economic modernization. Armenia's authorities remain committed to their "open doors" policy and ensure transparent and favorable conditions for investments.
Mr Matevosyan emphasized the great efforts being made to form an investment environment, offer foreign investors a predictable and competitive business environment in conformity with international standards. Among Armenia's steadily progressing sectors is the IT sector, which has boosted such revolutionary fields as bio- and agricultural technologies.
As regards the COVID-related challenges, Mr Matevosyan assured the participants that Armenia's investment environment is convenient in the post-pandemic world. Armenia is recording fewer and fewer COVID cases and expecting investments from different countries.
"Our investment experts are willing to help, and Armenia's government will undertake a new initiative by adopting favorable laws to attract investment from the entire world. I am saying again that we are for sound investments and we have ample opportunities ahead," Mr Matevosyan said.
