Expert community started discussion of the strategy of industrial policy of Armenia aimed at export
11.10.2011,
01:14
The first phase of discussions of the strategy of industrial policy of Armenia, aimed at export, started on Monday in Yerevan.
YEREVAN, October 10. /ARKA/. The first phase of discussions of the strategy of industrial policy of Armenia, aimed at export, started on Monday in Yerevan.
The strategy developed by the group of experts, ordered by the World Bank and by the support of the Armenian Economy Ministry is targeted at the formation of developed industrial system, aimed at export, which, in its turn, will become an incentive for the production of relevant international standards of goods, expansion of external markets and creation of new working places.
“The concept represents spheres of economy having export potential, the existing problems and weaknesses. It is also an attempt to identify and determine the priority areas that over the next three-five years could ensure economic growth”, said the Chairman of Armenian Union of Manufacturers and Employers Arsen Ghazaryan in the round table discussion.
The strategy identifies three conventional horizontals or phases which ensure the development of 14 industry areas which is very important for investors – both in foreign and domestic markets.
“We should discuss which are the priority areas – cognac business, precise engineering or textile and shoe industry”, he said.
Domestic manufacturer should understand what areas in the context of ten years can be competitive, and what investments are necessary to increase export volumes.
“We plan jointly with the Economy Ministry to conduct three similar round tables for the experts to hear the opinions of representatives of private sector and make their own statements, estimates and business proposals more practical”, said Ghazaryan.
The head of consulting company “EV Consulting” Manuk Hergnyan said that the importance of the concept is that it will identify those areas that are important to ensure global competitiveness.
“The strategy will be transformational in the context of changing the logics of economic development from consumer economy to export-oriented economy”, he said, explaining that this paper tries to balance the achievement of long-term goals and short-term successes.
Hergnyan also said that for all included in the document areas of economy will be developed separate concepts, and for the first three of them they are already prepared.
It refers to the direction of cognac business, pharmaceuticals and precise engineering that are balanced against efficiency in achieving success in the short, medium and long terms.
It is planned that after successful completion of discussion phase, the strategy will be submitted to the Government of Armenia by the end of this year. --0--
The strategy developed by the group of experts, ordered by the World Bank and by the support of the Armenian Economy Ministry is targeted at the formation of developed industrial system, aimed at export, which, in its turn, will become an incentive for the production of relevant international standards of goods, expansion of external markets and creation of new working places.
“The concept represents spheres of economy having export potential, the existing problems and weaknesses. It is also an attempt to identify and determine the priority areas that over the next three-five years could ensure economic growth”, said the Chairman of Armenian Union of Manufacturers and Employers Arsen Ghazaryan in the round table discussion.
The strategy identifies three conventional horizontals or phases which ensure the development of 14 industry areas which is very important for investors – both in foreign and domestic markets.
“We should discuss which are the priority areas – cognac business, precise engineering or textile and shoe industry”, he said.
Domestic manufacturer should understand what areas in the context of ten years can be competitive, and what investments are necessary to increase export volumes.
“We plan jointly with the Economy Ministry to conduct three similar round tables for the experts to hear the opinions of representatives of private sector and make their own statements, estimates and business proposals more practical”, said Ghazaryan.
The head of consulting company “EV Consulting” Manuk Hergnyan said that the importance of the concept is that it will identify those areas that are important to ensure global competitiveness.
“The strategy will be transformational in the context of changing the logics of economic development from consumer economy to export-oriented economy”, he said, explaining that this paper tries to balance the achievement of long-term goals and short-term successes.
Hergnyan also said that for all included in the document areas of economy will be developed separate concepts, and for the first three of them they are already prepared.
It refers to the direction of cognac business, pharmaceuticals and precise engineering that are balanced against efficiency in achieving success in the short, medium and long terms.
It is planned that after successful completion of discussion phase, the strategy will be submitted to the Government of Armenia by the end of this year. --0--
