Thursday, October 26 2023 18:11
Alexandr Avanesov

RA President: Armenia is facing unprecedented challenges that have  increased importance of access to safe and reliable digital  infrastructure and technologies

RA President: Armenia is facing unprecedented challenges that have  increased importance of access to safe and reliable digital  infrastructure and technologies

ArmInfo. Armenia has always been committed to expanding partnerships with the European Union, its  member states and other partners in all areas of mutual interest for the well-being of our peoples. RA President Vahagn Khachaturyan stated  in his speech at the "Digital Infrastructures" panel discussion held within the framework of the Global Gateway conference in Brussels.

According to him, quoted by the press service of the head of state,  pipeline projects have long been among the priorities of the Armenian  government, and we are ready to take joint steps to use the enormous  potential of Global Gateways, including the possible export of green  energy to Europe. Armenia, as Khachaturyan emphasized, wills to  explore the possibility of its participation in regional transit  projects, including projects for underwater transmission of  electricity under the Black Sea to Romania and fiber- optic cable  projects. "Unfortunately, we see constant attempts by some countries  to isolate us from regional and transregional projects. In this  respect, we hope for the understanding and support of our EU  partners. 

Another important initiative is the EU Digitalization Programme,  aimed at supporting the digital reform program in Armenia. The EU is  promoting key areas of the digital economy and society to stimulate  economic growth, provide  more  jobs, improve people's lives and  support businesses. The project builds on the long history of  Armenia-EU partnership in the field of e-government and  digitalization. I think that we should also think about developing  cooperation in the field of artificial intelligence, where Armenia  already has significant achievements. I believe there is no need to  dwell on the importance of artificial intelligence, except to say  that it can serve as another tool to achieve our common goal of more  inclusive communication. At this time, we must also jointly promote  the implementation of the Eastern Partnership economic and investment  plan, especially the flagship initiatives developed for Armenia. This  requires constant coordination, cooperation and determination.  Investments in the field of digital transformation, innovation,  science and technology are among the priority initiatives for  Armenia," the President emphasized.

He also recalled the signing yesterday of a statement of intent by  the EU and the European Investment Bank on the establishment of two  educational centers, which will be built in the Syunik region of  Armenia and will be managed by the Children of Armenia Fund (COAF) .  "What started as an infrastructure improvement project has grown into  a holistic initiative. Through education, health resources, social  services and job training, coupled with economic and infrastructure  initiatives, COAF has made a difference in 82 communities.

Over the past two decades, the program has positively changed the  lives of more than 100,000 young people. The COAF project and the  TUMO Center for Creative Technologies are Armenian innovations that  we are ready to share with our partners as a concept that promotes  innovative ideas and visions of children. This will help further  strengthen the link between formal and non-formal education. The  construction of these smart centers in Syunik will contribute to the  development of the southern regions of Armenia. Rapid technological  development and the increasing role of technology and digitalization  in everyday life offer opportunities for increased connections and  cooperation between continents. We are ready to deepen our  cooperation with the EU and other interested partners in the fight  against hybrid and cyber threats, disinformation, which are directly  directed against democracy and democratic institutions of Armenia,"  Vahagn Khachaturyan said.

He also added that over the past few years, especially after ethnic  cleansing and the mass deportation of Armenians from  Nagorno-Karabakh, Armenia has faced unprecedented challenges that  have increased the importance of access to safe and secure digital  infrastructure and technology. "I think that real political will and  the determination of political leaders to establish a just peace in  our region is a prerequisite for the development of such  infrastructure. Taking this opportunity, I would like to emphasize  that Armenia is fully committed to the resumption of North-South and  East-West communications in the region, including through the  territory of Armenia. This will connect the Caspian Sea with the  Mediterranean Sea, the Black Sea with the Persian Gulf. And it can  not only serve as a long-term guarantee of stability and development  of the region, but also become an important link in global economic  cooperation. Armenia strives to be part of regional projects within  the framework of the "Crossroads of the Peace" concept. The lack of  peace in many regions, including our region, forces us to spend huge  amounts of money on defense and weapons.  When we clearly realize  that by investing in education instead, we are investing in our  future, we will have an interconnected, predictable and prosperous  world with many open global gateways to the whole world," Vahagn  Khachaturyan said. 

POST A COMMENT
Input digits     


News
Ameriabank`s Trade Finance portfolio enriched with four prestigious awards from EBRD and IFCAmeriabank`s Trade Finance portfolio enriched with four prestigious awards from EBRD and IFC
Armenia-UAE economic and technical cooperation commission to meet in  Abu Dhabi Armenia-UAE economic and technical cooperation commission to meet in  Abu Dhabi 
Armenia`s government plans to implement housing programme for  forcibly displaced people in next 10-12 yearsArmenia`s government plans to implement housing programme for  forcibly displaced people in next 10-12 years
Communications Museum re-opened in YerevanCommunications Museum re-opened in Yerevan
Double increase in turnover tax rate will stimulate transition to  common taxation system: Deputy MinisterDouble increase in turnover tax rate will stimulate transition to  common taxation system: Deputy Minister
Rocket Line - now for 60 months: Idram and IDBankRocket Line - now for 60 months: Idram and IDBank
Rising prices for services, going into shadows and closing businesses  - incomplete list of Rising prices for services, going into shadows and closing businesses  - incomplete list of "expectations" from revision of turnover tax  rate from SME Cooperation Association President
Liability for misrepresented information is proposed in ArmeniaLiability for misrepresented information is proposed in Armenia
Government proposes to make changes to car trade system within  Government proposes to make changes to car trade system within  "Trade-in" program
Armswissbank attracts us$ 10 million loan package from EBRD to support competitiveness and green transitionArmswissbank attracts us$ 10 million loan package from EBRD to support competitiveness and green transition
Armenian lawyers unwilling to pay taxes on universal basisArmenian lawyers unwilling to pay taxes on universal basis
EU Commissioner: EU will continue to contribute to economic  development of ArmeniaEU Commissioner: EU will continue to contribute to economic  development of Armenia
PM discusses opportunities for diversifying Armenian economy with WB,  IFC management PM discusses opportunities for diversifying Armenian economy with WB,  IFC management 
EBRD President considers programs implemented by Bank useful for  development of private sector in ArmeniaEBRD President considers programs implemented by Bank useful for  development of private sector in Armenia
EBRD lends up to US$ 10 million to Armeconombank for MSME on-lendingEBRD lends up to US$ 10 million to Armeconombank for MSME on-lending
Armenia benefits greatly from influx of capital and IT specialists -  EBRD chief economistArmenia benefits greatly from influx of capital and IT specialists -  EBRD chief economist
Finance Ministry, French Development Agency sign cooperation  agreement for 2024-2027Finance Ministry, French Development Agency sign cooperation  agreement for 2024-2027
Idram Junior and Koreez signed a memorandum of cooperationIdram Junior and Koreez signed a memorandum of cooperation
During the 33rd EBRD Business Forum, Ardshinbank hosted a panel discussion on economic and trade sanctions.During the 33rd EBRD Business Forum, Ardshinbank hosted a panel discussion on economic and trade sanctions.
Government to allocate additional AMD 3 billion to finance state  order for healthcareGovernment to allocate additional AMD 3 billion to finance state  order for healthcare
EBRD provides $10 million loan to ArmSwissBan to support  competitiveness and green transition of MSMEsEBRD provides $10 million loan to ArmSwissBan to support  competitiveness and green transition of MSMEs
Pankin: Armenia`s suspension of CSTO funding isn`t tragedyPankin: Armenia`s suspension of CSTO funding isn`t tragedy
Armenian government approves program for providing housing to  families from Artsakh; expenses estimated at  AMD 10-12 billion Armenian government approves program for providing housing to  families from Artsakh; expenses estimated at  AMD 10-12 billion 
EBRD Governors re-elect President Odile Renaud-Basso for second termEBRD Governors re-elect President Odile Renaud-Basso for second term
EBRD, USAID to develop transport infrastructure of Armenia,  Azerbaijan, Georgia EBRD, USAID to develop transport infrastructure of Armenia,  Azerbaijan, Georgia 
No specific dates for the entry into force of the law on compulsory  life insurance for tourists visiting Georgia - RA MFANo specific dates for the entry into force of the law on compulsory  life insurance for tourists visiting Georgia - RA MFA
Pashinyan: all those who have the necessary skills, abilities and  desire can make a profit in ArmeniaPashinyan: all those who have the necessary skills, abilities and  desire can make a profit in Armenia
Odile Renaud-Basso: Armenian economy continues to grow despite  numerous negative factorsOdile Renaud-Basso: Armenian economy continues to grow despite  numerous negative factors
Minister of Territorial Administration and Infrastructures refrains  from specifying North-South Road Corridor Investment Program`s  implementation costs and deadlines Minister of Territorial Administration and Infrastructures refrains  from specifying North-South Road Corridor Investment Program`s  implementation costs and deadlines 
EBRD improves Armenia`s GDP growth forecast for 2024 from previous  4.5% to updated 6.2%EBRD improves Armenia`s GDP growth forecast for 2024 from previous  4.5% to updated 6.2%
EBRD promises unprecedented investments in Armenian economyEBRD promises unprecedented investments in Armenian economy
FMO provided Ardshinbank with a guarantee for a credit portfolio of 20 million US dollarsFMO provided Ardshinbank with a guarantee for a credit portfolio of 20 million US dollars
Lending for construction of southern section of Sisian-Kajaran road  will be largest program ever implemented by EBRD in Armenia - Bank  President Lending for construction of southern section of Sisian-Kajaran road  will be largest program ever implemented by EBRD in Armenia - Bank  President 
French Development Agency, Armenian government to expand cooperation  areas and programs` scope French Development Agency, Armenian government to expand cooperation  areas and programs` scope 
The Power of One Dram Sums up the Two-Year Program with Teach for ArmeniaThe Power of One Dram Sums up the Two-Year Program with Teach for Armenia
Noubar Afeyan willing to use his potential to strengthen Armenia Noubar Afeyan willing to use his potential to strengthen Armenia 
Ministry of Economy of Armenia denies that growth in agricultural  exports is due to re-exportsMinistry of Economy of Armenia denies that growth in agricultural  exports is due to re-exports
Finance Minister: Armenia`s GDP generation growth potential increased  from 4-4.5% to 5.5-6%Finance Minister: Armenia`s GDP generation growth potential increased  from 4-4.5% to 5.5-6%
EBRD funds customs and logistics centre in SyunikEBRD funds customs and logistics centre in Syunik
Grigori Zakaryan: “Capital markets have a crucial for economic development.”Grigori Zakaryan: “Capital markets have a crucial for economic development.”
Ambassador of Kazakhstan: priorities for development of Eurasian integration proposed by Armenia will allow us to intensify mutually  beneficial cooperation within EAEUAmbassador of Kazakhstan: priorities for development of Eurasian integration proposed by Armenia will allow us to intensify mutually  beneficial cooperation within EAEU
EBRD and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian MSMEsEBRD and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian MSMEs
Thanos Arvanitis: The time has come for Armenia to accelerate reformsThanos Arvanitis: The time has come for Armenia to accelerate reforms
Armenia to host 33rd EBRD Business Forum with flagship sponsorship of ArdshinbankArmenia to host 33rd EBRD Business Forum with flagship sponsorship of Ardshinbank
EAEU economic operators will become more recognizable when carrying  out foreign economic activitiesEAEU economic operators will become more recognizable when carrying  out foreign economic activities
Martin Galstyan: If background is favorable, reduction in key rate  will result in lending rates decreaseMartin Galstyan: If background is favorable, reduction in key rate  will result in lending rates decrease
About 75% of Armenia`s exports are precious metals and stones, which  speaks of vulnerability of Armenia`s economyAbout 75% of Armenia`s exports are precious metals and stones, which  speaks of vulnerability of Armenia`s economy
92% tax revenues recorded in Armenia in 1st quarter of 2024 92% tax revenues recorded in Armenia in 1st quarter of 2024 
IDBank issues the 2nd tranche of dollar bonds of 2024IDBank issues the 2nd tranche of dollar bonds of 2024
Armenia to be next country to host ACE programArmenia to be next country to host ACE program
Armenia agrees to EBRD expansion Armenia agrees to EBRD expansion 
Alkis  Drakinos : It is necessary to first pick the low hanging fruit  to ensure developmentAlkis  Drakinos : It is necessary to first pick the low hanging fruit  to ensure development
CBA Governor: Overheating of prices in Armenian real estate market  may have ranged from 20-30%CBA Governor: Overheating of prices in Armenian real estate market  may have ranged from 20-30%
Government writes off 469 financial obligations of Artsakh citizens  on loans secured by goldGovernment writes off 469 financial obligations of Artsakh citizens  on loans secured by gold
Food products, services cause of 0.8% inflation in Jan-Apr 2024 Food products, services cause of 0.8% inflation in Jan-Apr 2024 
Armenia`s Deputy Premier receives IMF delegationArmenia`s Deputy Premier receives IMF delegation
Armenian Economy Minister travels to USA on week-long working visitArmenian Economy Minister travels to USA on week-long working visit
Armenia is trapped in Armenia is trapped in "Dutch disease" - economist
“By Your Side”: IDBank`s new support program for displaced Artsakh citizens“By Your Side”: IDBank`s new support program for displaced Artsakh citizens
Team Telecom Armenia develops Be Free packageTeam Telecom Armenia develops Be Free package
Read more


Exchange rates
20.05.2024
RUB4.290.03
USD387.970.37
EUR421.761.64
GBP492.842.53
CAD284.920.76
JPY24.910.04
CNY53.640.01
CHF426.900.68