YEREVAN, October 22. /ARKA/. An agreement between the government and fine machine-tool manufacturers is to be signed within the framework of the new industrial policy in Armenia, Armenian Prime-Minister Tirgan Sargsyan said at the meeting of Trustees’ Board of the National Competitiveness Fund.
“For the first time we started conducting an export-oriented policy”, the Prime-Minister said. The complex program is developed together with the World Bank and the private sector and the aim is to establish the export potential, he said.
The Prime-Minister mentioned that eleven fields have been studied in detail and a new platform has been elaborated based on government-private sector cooperation principle.
The expected agreements between the government and businessmen in the mentioned eleven sectors will outline the overall ideology and will clearly state the obligations, Sargsyan said.
According to Sargsyan, the government is to deal with development of the fields through certain instruments it has, whereas the private sector commits itself to make investments and increase export-oriented production volume.
Similar agreements have been already signed with pharmaceutical companies and cognac factories (20 enterprises in each field) and the fine machine-tool industry is going to be the third one, Sargsyan said. He added that detailed documents are ready for other fields as well.
The Prime-Minister stressed that the government should take more initiative to organize the economic and social life in the country. -0-