BUSINESS DOESN’T RECOGNIZE NATIONALITY
Support A1+!The second Armenia – Diaspora congress will be held on September 20 which has been held since 2003. Tigran Davtyan, Deputy Minister of Trade and Economic Development invited a few journalists to participate at today’s press release and presented them the objective of the congress.
According to the press secretary of the Ministry they wished to hear few questions and didn’t want the information to be distorted in the torrent of questions.
During the press conference Tigran Davtyan informed that the start of the congress is already announced and the tenders of participation are received. Each businessman is to pay 100 EUs for his participation but the sum will become 50 EUs by September 1.
About 300 – 400 businessmen from Armenia and the Diaspora participated in the previous congress. There were also representatives of international organizations. This year the number of the businessmen is supposed to exceed 500. In the newly opened Ministry website one can read the Minister’s open letter-invitation according to which foreign businessmen can also have their participation and contribution to the congress as “business doesn’t recognize nationality and has no frontiers.”
1.5 milliard USD investment was done in Armenia within the recent 4 – 5 years, only 500 million USD was invested last year. According to the Deputy Minister the sum of the past 5 years investment was equal to that of the previous 10 years. The investments were comparatively more in the recent one and a half year. The main investments were done in mining industry, telecommunication and in high tech spheres.