Armenia to be next country to host ACE program

ArmInfo.Armenia will be the next country to host the American Competitiveness Exchange (ACE)  program. According to the press service of the Ministry of Economy, this was officially announced during an event dedicated to the ACE in Detroit (USA), in which the head of the department, Gevorg Papoyan,  took part. Thus, Armenia, as an observer, will become the third country located outside the United States where this program will be implemented.

The Americas Competitiveness Exchange is one of America's premier  efforts in economic development, innovation and entrepreneurship,  involving all member and observer countries of the Organization of  American States (OAS). The ACE program brings together about 50  high-ranking officials, politicians, representatives of business,  civil society and scientific and educational circles from member and  observer countries of this program. The Americas Competitiveness  Exchange is one of America's premier efforts in economic development,  innovation and entrepreneurship, involving all member and observer  countries of the Organization of American States (OAS). The ACE  program brings together about 50 high-ranking officials, politicians,  representatives of business, civil society and scientific and  educational circles from member and observer countries of this  program.

As a result of the program in Armenia, there will be serious  prerequisites for establishing mutually beneficial economic and trade  relations with the states of North and South America, as well as with  states that are permanent observers of the Organization. This, in  turn, will facilitate interaction between the public and private  sectors, attract capital investment and establish cooperation between  educational institutions.

Minister of Economy Gevorg Papoyan attached importance to  strengthening relations with the United States and the countries of  the American region, as well as identifying new opportunities for  cooperation, both in the public and private sectors and in the field  of education. In this regard, he emphasized the importance of taking  steps aimed at diversifying the economy.