Concept of trusted data storage central place in philosophy of  Armenia`s digital transformation - premier 

ArmInfo.The concept of trusted data storage occupies a central place in the philosophy of  Armenia's digital transformation. This was stated on October 1 by Armenian Prime Minister Nikol Pashinyan during the plenary session of the Eurasian Economic Forum with the participation of the heads of  government of the EAEU countries.

He noted that this system is based on trust between government  agencies and, most importantly, trust between citizens, citizens,  businesses and the state.

"Trusted data storage allows various government agencies to rely on  each other's information without the need to exchange or duplicate  it. This will replace the exchange of documents and provide access to  legally significant data, while maintaining security and national  regulations for the collection, storage and processing of data. The  data will be stored in national segments and will be available in a  cross-border format only upon request," the Prime Minister explained.

For businesses, he said, this process can improve the methods of  conducting cross-border trade and paying indirect taxes. "Let's  imagine a situation where a set of digital data on the movement of a  batch of goods from the moment of departure from the territory of one  state becomes available and traceable 24/7 for the authorized bodies  of another state even before its arrival at the destination. 

The completeness of payment of indirect taxes, the legality of the  circulation of goods, sanitary, phytosanitary and veterinary control  to ensure compliance with quality and safety can be carried out  seamlessly based on legally significant data available in the  country's registries," he emphasized. Pashinyan noted that this will  significantly reduce administrative costs and at the same time ensure  compliance with all product requirements. 

"We see a future in which digitalization will significantly expand  the freedom of movement of people and the exercise of their right to  work. Of course, the implementation of these innovations will require  significant efforts, but we should not ignore the process that has  already been launched, because it opens up new opportunities for  further implementation and improvement of all aspects of our  interaction," the head of government said.

He also noted that in order to build a <digital society> and a  developed economy, Armenia, first of all, decided to anchor its  digital architecture on two important principles - trust and  security. According to Pashinyan, digital processes should be  practical, relevant and useful for people and businesses. It should  be noted that the III Eurasian Economic Forum is being held in  Yerevan from September 30 to October 1. The main theme of the EEF  this year is <10 years of the EAEU: prospects and priorities>.