Infrastructure reforms on agenda of Ministry of Economy - official 

ArmInfo. Currently, the Ministry of Economy's agenda includes infrastructure reforms to  implement the policy developed by the department. This was stated by Deputy Minister of Economy of Armenia Sevak Mikaelyan during a roundtable discussion on "Technology Transfer in Armenia". 

The discussions were initiated by the Commercial Law Development  Program (CLDP) of the US Department of Commerce under the  coordination of the US Embassy in Armenia. At the same time, he  emphasized that the main goal of the Ministry of Economy is to  promote the development of a knowledge-intensive, highly productive  economy in the Republic of Armenia, contributing to the formation of  a favorable environment for innovative and competitive  entrepreneurship, as well as the development of small and  medium-sized businesses, creative economy, the introduction of  effective mechanisms for research and development, commercialization  of scientific results and technology transfer.

Innovative growth, according to the Deputy Minister, can help Armenia  diversify its economy, reduce dependence on traditional sectors and  create new opportunities for growth and development.

"By investing in research and development, Armenia can also  contribute to the development of human capital and knowledge  transfer. This can also lead to the creation of highly skilled jobs,  attracting foreign investment and economic well-being," said Sevak  Mikaelyan