Armenian Davos as alternative to world Davos
06.02.2012,
17:36
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.
The key topic of this forum that is also called Armenian Davos is The New Mentality of the New Reality.
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.
“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---
