NFSAT Marks 10th Anniversary


Jul 30, 2007

YEREVAN, JULY 30, ARMENPRESS: Armenian deputy foreign minister Arman
Kirakosian lauded today the government of the USA for helping to
establish Armenia’s National Foundation of Science and Advanced
Technologies (NFSAT) ten years ago.

The National Foundation of Science and Advanced Technologies was
established in 1997 as a non-profit organization according to
a legislative act of the Republic of Armenia s to accelerate the
development of the scientific and technological potential of Armenia
through competitive grants.

Kirakosian spoke at an event marking NFSAT’s tenth anniversary. He
said it is one of the most successful projects implemented by the
USA in Armenia.

NFSAT president Harutyun Karapetian said the Fund’s major principle
is that Armenian science has a very important significance in global
economic development processes.