Armenian CCI To Controbute To Country’s Economic Development

ARMENIAN CCI TO CONTRIBUTE TO COUNTRY’S ECONOMIC DEVELOPMENT

ARKA News Agency, Armenia
June 29 2007

YEREVAN, June 29. /ARKA/. The Chamber of Commerce and Industry of
Armenia (CCI) intends to make a serious contribution to the achievement
of major goals of the country’s economic development, CCI Chairman
Martin Sargsyan stated at the opening of the business conference
"Prospects of Armenia’s economic development and CCI’s role".

According to him, in the context of rapid development of the world’s
economy, Armenia’s economy has to meet new challenges.

"Processes of economic globalization not only afford new opportunities
for the development of national economies, but also pose a threat to
the countries unprepared for this rapid development," he said.

Sargsyan pointed out that Armenia’s CCI has established strong ties
with numerous European and international structures, which affords
Armenian producers many opportunities for promotion on the world
markets and for involvement in international trade and economic
processes.

"Armenia’s CCI can make a serious contribution to the achievement
of major goals of the country’s economic development and is ready
to render assistance in resolving the problems arising on this way,"
he said.

Speaking of the effectiveness of the conference, Sargsyan said that
no governmental program can be effectively implemented without being
supported by the population and business.

"All of us have a good opportunity to jointly find solutions to the
global problems facing the country by exchanging experience and making
practical proposals," he said.

In his turn, RA Deputy Minister of Trade and Economic Development
Armen Gevorgyan pointed out that the RA CCI is one of the important
links in cooperation between the Government and business.

"The Government, particularly the Ministry of Trade and Economic
Development, attaches high importance to this cooperation," he said.

Gevorgyan added that further development of Armenia’s CCI will play a
great role in forming effective business environment in the country,
particularly in the small and medium business sector.

The goal of the conference "Prospects of Armenia’s economic development
and CCI’s role" is the enhancement of the CCI’s role in Armenia’s
socio-economic development, consolidation of the CCI’s cooperation
with government structures and local government bodies as well as
discussion of urgent problems with businessmen.

Armenia’s CCI launched its activities in 2001 and has representative
office in all Armenian regions. It is a member of the European and
International Chambers of Commerce and Industry, World Federation
of International Chambers, Association of Chambers of Commerce and
Industry of Black-Sea countries, Business Council of the Black Sea
Economic Cooperation and the Council of Chairmen of the CIS Chambers
of Commerce and Industry.