Thursday, May 26 2022 17:27
Alina Hovhannisyan

IT one of the bases of Armenia`s economic progress - Armenia`s  premier

IT one of the bases of Armenia`s economic progress - Armenia`s  premier

ArmInfo.IT is one of the bases of Armenia's economic progress, Armenia's Premier Nikol Pashinyan stated at a video-conference Eurasian forum. 

The IT era enhances countries' international competitiveness, which  is especially important for Armenia with its restricted influence on  global processes due to geopolitical and geographic factors. 

He stressed that IT provides equal conditions for all actors. 

"So this field is of strategic importance for Armenia, as it is one  of the few fields that do not require maps, mineral resources or  outlet to the sea. It requires human capital. And Armenia has always  been famous for this resource," Mr Pashinyan said. The government  pays special attention to educating young people.

Armenia's government is sparing no effort to improve Armenia's  attractiveness to investors, especially investors in the IT sector.

"We have noticed IT experts coming to Armenia and are trying to  create conditions for this process to contribute to integration  within the EAEU," he said. 

Mr Pashinyan hopes free movement of labor force, products and  services will be regular practice.  

Over 2,500 people from 15 countries are expected to take part in the  forum. Among them are businessmen, and delegations from Latin America  and South-East Asia.  

This January-March, the IT sector's proceeds totaled AMD 97.1bln - a  25.3% increase.