Armenian News
2012-02-06 17:36
Armenian Davos as alternative to world Davos
TSAKHKADZOR, February 6. /ARKA/. The ninth international economic forum, Bridge, was launched Saturday in the Armenian resort of Tsakhkadzor. The key topic of this forum that is also called Armenian Davos is The New Mentality of the New Reality.
Sessions, round-table discussions, conferences, presentations and BRIDGE AWARD ceremony will be held as part of the forum.
What Armenia Has Lost in Distant Davos?
Armenia didn’t attend the World Economic Forum held recently in Davos. Explaining this, Armenian Economy Minister Tigran Davtyan said that presence of Armenia’s representatives, first of all, depends on the agenda of the forum. It is important how much the issues under discussion have in common with Armenia.
Finding Armenia’s presence there senseless, the minister said that if country’s delegation attended this forum, it would be just a pro-forma presence.
F“Nevertheless, we keep watch on developments and discussions at various economic forums,” he said. “Fortunately, up-to-date telecommunication means provide comprehensive information about every event.”
Armenia Keeps in Touch with Latest Developments in World Economy
The agenda of “Armenian Davos” is focused on developments inside Armenia and outside of it.
The minister thinks that 2012 will be an interesting year in terms of global economic developments and processes in the global economic system and the world’s largest economies, such as US, EU and CIS economies
The global economic crisis that reached its peak in 2008 to 2010 has substantially changed Armenia’s approaches and perception of economic values and economic policy’s agenda.
“It doesn’t mean that global economic approaches have changed – it means that certain specification has been made”, he said.
Davtyan hopes that the global economy just reached an important stage and that economic and political efforts will produce positive results and current temporary risks will subside.
“Certain positive signs, which emerged recently, give grounds for hope that adverse outlooks are exaggerated and that everything will be OK.”
It isn’t a secret that Armenia’s economy is closely connected with European system – about 50% of its exports are sent exactly to European countries. That is why, he said, developments in Europe have direct impacts on Armenian economy.
“This crisis is mainly due to sovereign debt problems,” he said. “However, as we see, political and economic authorities of the European Union are making every effort, and I think the situation is under control.”
The minister is very optimistic about the situation, since he is convinced that developments will be predictable and that it will be possible to put things right soon.
Let Those Unable to Help Us Not to Disturb Us at Least
The minister said that the bulk of the challenges Armenia faces now are coming from abroad. He is convinced that if no adverse factors come from the outside, Armenia will be able to ensure positive developments in its economy with own efforts alone.-0---
Armenian News
2011-02-26 22:05
Armenian Premier takes part in Bridge economic forum
Armenian Prime Minister Tigran Sargsyan took part in the 8th international economic forum "Bridge" in Tsakhkadzor, Feb. 25.
In his speech at the forum, the Armenian Premier said that the forum should focus on finding the ways of ensuring macroeconomic stability in the post-crisis period, the RA Government’s press service told Armenian News-NEWS.am.
“Reasonable people gather to determine modern-day problems and innovative solutions to them,” the Armenian Premier said. He pointed out the importance of the forum and the need for open and sincere discussions. Premier Sargsyan added that three years ago the Armenian Government advanced an initiative to modernize the Armenian education system, build up new society and economy based on knowledge.
The Armenian PM also took part in the roundtable on the role of business in developing Armenia’s economic strategy.
The forum has been organized under the auspices of the Armenian Ministry of Economy and Ministry of Foreign Affairs.
ARKA
2011-02-25 10:56
FEBRUARY 25-28 ARMENIA’S TSAKHKADZOR WILL HOST 8TH INTERNATIONAL BUSINESS FORUM BRIDGE-2011
YEREVAN, February 25. /ARKA/. February 25-28 Armenia’s resort town of Tsakhkadzor will host the 8th international business forum Bridge-2011, the forum’s organizing committee told ARKA.
The main goal of this traditional event held with the support of Armenia’s ministry of economy is to provide the business community a platform for a discussion of potential scenarios of Armenia’s economic advancement and development of a single economic progress strategy.
"The traditional international economic forum Bridge will become one of the most interesting winter business events in Armenia. For three days, the ski resort Tsakhkadzor will turn into Armenia’s economic capital city," the press release of the organizing forum says.
It says the forum that has been dubbed as ‘Armenia’s Davos’ will bring together prominent businessmen, politicians, guests from other countries and experts for an open dialogue. The main topic of this year’s gathering is Macroeconomic Stability in Post-Crisis World. Various round table discussions will be held on the fringes of the event on a variety of subjects. The previous forum was held February 19-21, 2010.
ArmInfo
2010-02-20 14:17:00
BRIDGE-2010 INTERNATIONAL ECONOMIC FORUM IN TSAKHKADZOR
The 7th International Economic Forum Bridge-2010 was opened today in the resort town of Tsakhkadzor. The forum will last till February 22. Earlier it was informed that Prime Minister of Armenia Tigran Sarkisyan will deliver a keynote address at the plenary session of the Forum on a topic "Role of Armenia in the Global Region Development. New Approaches in Understanding of the Future".
However, T. Sarkisyan will not take place in the forum because of health problems. The event was opened by Economy Minister of Armenia Nerses Yeritsyan. Finance Minister of Armenia Tigran Davtyan also presented a report.
To recall, sectional and plenary sessions, presentations and round tables will be held within the frames of the Forum. Over 300 government officials, manufacturers are businessmen will attend the event. The key topics will be national economic interests, Armenia's capacities to become the financial center of the region, development of information space, infrastructure and technologies, prospects of food export, mortgage oans and housing construction as catalysts of economic growth, small and medium-sized business, etc.
The key objective of the forum is to familiarize businessmen and politicians of the West and the Middle East with Armenia's economic capacities and to create favorable conditions for inflow of foreign investments.
ARKA
13:22 23/02/2009
Bridge 2009 international economic forum kicks off in Armenia
The sixth International Economic Forum Bridge 2009 kicked off in Armenia last week.
The forum focuses on the global community and Armenian businesses aborad, RA Prime Minister Tigran Sargsyan said.
“We are trying to accentuate our privileges to make Armenia more attractive for foreign investors,” the premier added.
Sargsyan said “people should remember about their motherland and rerun home during a crisis.” No country can simply avoid economic recession, he added.
“Even the remotest villages feel the influence of the global financial crisis,” the premier was quoted saying.
A country will be able to weather the crisis if it reorganizes and undertakes necessary precautions, the prime minister said.
“We undertake efforts to overcome temporary difficulties and correct our past mistakes, as well as reveal our strong points and derive benefits from the crisis,” Sargsyan concluded.
The Bridge 2009 economic forum focused on the priorities, modern trends and opportunities of economic cooperation. Its major purpose was to introduce Armenia’s economic capacities to the political and business circles of the West and Middle East.
Over 300 businessmen participated in the forum. The organizers of the event were the Union of Manufacturers and Businessmen of Armenia (UMBA), Center of International Integration Support Master.
The official sponsors of the forum were the RA Ministry of Economy, RA Foreign Ministry and Central Bank of Armenia.
The first international economic forum Bridge took place in Armenia’s Tsaghkadzor resort on June 23-26, 2004. Over 70 entrepreneurs from Russia, Armenia, Georgia and Iran participated in it.
Panorama.am
15:25 18/02/2008
10-12 THOUSANDS GDP TO A PERSON
It is planned to provide each person's GDP 10-12 thousands dollars in 2020-2025. Nerses Yeritsyan, the minister of trade and economic development made a speech at "Bridge 2008" international economic fifth forum in Tsakhkadzor.
According to him the most important part of the activities is well planned missions. He said that every part should be the logical continuation of the previous one. He also added that it is planned to transfer the production sphere from agricultural to industrial one, from constructional market to hypothec market from 2008 to 2025.
ARKA
YEREVAN, February 18. 2008
ARMENIA'S UNION OF MANUFACTURERS & BUSINESSMEN, UNION OF CZECH & MORAVIAN CORPORATIONS SIGN COOPERATION AGREEMENT
The Union of Manufacturers and Businessmen of Armenia (UMBA) and the Union of Czech and Moravian Corporations have signed a cooperation agreement. "This document will give a start to cooperation between our organizations and will focus on the interchange of business ideas," said UMBA Chairman Arsen Ghazarian during the Bridge 2008 economic forum in Tsakhkadzor.
According to him, the purpose of the agreement is to support Armenian-Czech economic development. Ghazarian pointed out that UMBA has signed about 80 cooperation agreements with France, Greece, Romania, Germany, Belgium, Argentine and other countries.
According to Jan Wiesner, chairman of the Union of Czech and Moravian Corporations, the organization includes textile and consumer goods manufacturers, as well as companies producing construction materials, cars agricultural instruments, and semi-finished goods. He stated that Armenia is the union's first partner-country in the region. Armenian-Czech trade turnover totaled $18.3mln in 2007 against $8.96mln in 2006, the RA National Statistical Service (NSS) reports.
The fifth international economic forum Bridge 2008 opened in Tsakhkadzor on February 15. The organizers of the event are UMBA and the MASTER Center for International Integration Assistance. The forum is officially sponsored by the RA Ministry of Trade and Economic Development, RA Ministry of Foreign Affairs, Central Bank of Armenia and the Armenian Development Agency.
About 300 entrepreneurs from Armenia, Russia, Ukraine, Belarus, Czech Republic, Bulgaria, Austria and Iran participate in the forum.
ARKA
YEREVAN, February 18. 2008
ARMENIA HAS REQUIRED RESOURCES FOR SETTING UP AN INTERNATIONAL HEALTHCARE CENTER
YEREVAN, February 18. /ARKA/. Armenia has all the required resources for setting up an international healthcare center, Armenia's Minister of Trade and Economic Development Nerses Yeritsian in making a speech during the international economic forum "Bridge 2008" in Tsakhkadzor.
Yeritsian reminded that the Government set an objective to establish such a center. The Minister pressed the importance of the discussions on the future of science and technologies, medical and biotechnologies in particular, held recently under the World Economic Forum in Davos.
Particularly, the Minister said that information about research has been provided saying that people live longer, but healthcare expenditures are growing and people are ready to spend them on obtaining cheap but high-quality medical services.
This means that Armenia has all the resources to set up an international center of healthcare, bearing in mind the existing physics institute with serious applications in the sphere of measurements and instrument-making industry, as well as certain abilities in providing high-quality services in the field of tourism, Yeritsian said. The initiative should not be limited within two or three hospitals, he said.
"This should become a common policy of the country, and Armenia can become competitive in the niche of high-technology medical services," the Minister said.
The fifth International economic forum "Bridge 2008" is held in Tsakhkadzor on February 15-18.
