Economy 18:30 21/11/2018 Armenia

Pashinyan: ‘We want to build a truly technological and industrial economy’

Armenia’s Acting Prime Minister Nikol Pashinyan and Pesident Armen Sargsyan met with Armenian businessmen involved in different sectors of the economy. The meeting was held under the motto “Business Environment and Investments: Challenges and Solutions.”

Addressing the meeting, Pashinyan referred to those economic processes underway in Armenia and the prospects for economic development,  the PM’s office reports.

The full text of the speech is presented below:

“Honorable President of the Republic of Armenia,
Dear Businessmen,
Dear Guests,

The President of the Republic of Armenia rightfully noticed that we are in a very important stage of our country’s development, when the political revolution must be transformed, or more properly combined with an economic revolution. And of course, our greatest ally is Armenia’s business class. We rely on the talent of our business people because as I have repeatedly pointed out, not every person can create a masterpiece of art, or break into science; doing business calls for a special talent, too.

I am convinced that many representatives of the Armenian nation, and the Armenian people, in general, have the needed skills, and not only those who are already engaged in it, but also those who for some reason have so far refrained from doing business in Armenia. Our mission is to encourage and help them tap their skills.

Preterm parliamentary elections are going to be held in Armenia, and you may know that fewer business people will run for the National Assembly in the upcoming general elections, which is the result of political processes going on in Armenia. But I want to emphasize that this should not be interpreted as downgrading or somewhat humiliating the businessman’s status in our country. On the contrary, we are convinced that we want and will ensure that there are many more businessmen in the Republic of Armenia, since they are the ones to generate added value, and therefore, they are supposed to enjoy a higher status than MPs, ministers, and government officials.

I feel that the roles should be reshuffled as we are building our country’s future. Also, I do believe that business and the economy should not be politicized in any way. I think it to be in the best interest of both the business circles and the public at large as it will result in a more effective management.

You may recall that the September decline in the economy was talked about much in the country. The Government’s comments are as follows: natural processes of transformation are taking place in the economy, and we are witnessing a change in Armenia’s economic structure.

The next month’s economic activity indicators came to prove that our explanation of the situation was justified because after September’s fall we had a 3% economic activity index in October. In other words, we have an increase in economic activity while the traditional spheres – agriculture and mining – have recorded a double-digit decline in the same period. We have an 8.1% industry growth in October, owing to production, and not mining. This is a pretty optimistic indication for us. At the same time, we boasted a 12% export growth in October, which means that the predicted recovery process is underway in our country.

This does not mean indeed that we are underestimating the mining industry or agriculture. The point is that we have a clear objective that Armenia’s mining industry should meet best international standards and be predictable in environmental and security terms.

We will strongly support the introduction of new technologies in agriculture: technologies that will not have any negative impact on the environment. At the same time, the farming sector will not be dependant on weather conditions and the infective pests that have been secretly imported to Armenia.

There has been too much talk about investments in recent months. To be honest, I avoided talking about the topic, and even now I am not that pleased to dwell on it because I do not want to address this issue unless there are specific investments made in Armenia. But now, as we enter a new phase, I want to state in confidence that if we manage to implement those investment programs, over which we have specific arrangements and commitments, the Republic of Armenia will have a new status, as some of these large investment projects will not only be able to completely change the image of the Armenian economy, but will also open up new development horizons.

And I want to express the hope that this message will be circulated throughout Armenia and outside of Armenia. We want to once again reaffirm that there will be no redistribution of property in Armenia, the right of ownership is guaranteed, the security of investments is guaranteed.

We hope that the ongoing political processes will encourage our businessmen to make more investments because the most important and functional feature of a resolution is the participation of every citizen and every businessman in it.

We hope that anyone desirous of making his move will do so. We hope that new people and layers will be involved in that process, and the Republic of Armenia shall become a country where major businesses will never get smaller, instead the smaller ones will grow into medium-size entities and so on.

This is very important because sometimes there is an impression that by favoring small entities, we force them to be small forever, and by attempting to counterbalance major businesses, we make them shrink as much as possible.

We want to build a truly technological and industrial economy that would meet the 21st century standards with ever wide opportunities and prospects available in order to respond to the challenges that exist in our country in economic, political and security terms.

Dear Friends,

Our meeting is held on the eve of a landmark pan-Armenian event. As you may know, tomorrow another telethon will be organized by Hayastan All-Armenian Fund (HAAF) in Los Angeles.

HAAF serves one of the most important tools for our country’s development. It is designed to unite our efforts and mobilize us in implementing joint programs and goals. The Fund’s past record somewhat shaded its activities and undermined its resource of public confidence. The substitution of the executive director was meant to restore people’s trust in the Fund and make of it a new platform for the consolidation of the Armenian people.

Drastic changes will be made in the management process, making it more transparent, controlled, accountable, and effective. These changes will soon be visible and will be publicly available. The Fund’s executive board will be transformed to ensure maximum efficiency and cost-effectiveness.

I feel that the Fund can deal with such issues that the Government cannot solve at this point with existing resources. That is why I would highly appreciate the business community’s support to the Fund.

All the money raised this year will be used to build deep wells and drip irrigation systems in Artsakh, develop infrastructure in Armenia, ensure school heating with solar energy, create favorable conditions for high-tech startups and establishing a youth creative center. The Fund’s operations will be completely transparent and highly accountable. We will do our utmost to have every donation serve its purpose. After all, our efforts sought that very goal in the past few months. I think you are all well aware of it. You may remember many wondering whether it should have been done in such a transparent manner and in public.

I think yes, it is just what we need to do to make sure that the Armenian government will not tolerate any use of a lump in any way because the HAAF has the money collected through the efforts and sweat of all Armenians and, therefore, these amounts should definitely go into credible and trustworthy hands. There is no doubt that we will do everything possible to make the Fund more effective and transparent.

I hope that all these measures and the atmosphere that prevails nationwide will be echoed by all Armenians, and the Hayastan All-Armenian Fund’s regular fundraising will be held with great enthusiasm and will yield good results.

Thank you."



Source Panorama.am
Share |

Related news

Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:

Newsfeed

17:00
Rain, thunderstorms expected in parts of Armenia
Rain and thunderstorms are expected in some parts of Armenia from 6 to 8 August, the Hydrometeorology and Monitoring Center reports, adding...
16:45
Chinese military ignores US attempts to establish contacts amid Taiwan crisis
The US military command has made multiple attempts to establish contacts with Chinese colleagues amid the escalation of tensions around Taiwan...
16:35
Symphonic Yerevan Festival to open with bassoon and piano music
The opening concert of the Symphonic Yerevan International Music Festival will take place in the Arno Babajanyan Concert Hall on August 12. The...
16:28
World premiere of Mansurian's 'Hymn – The Good Captain' held in Brno
Within the framework of the Mendel Festival held in Brno, the Czech Republic, on July 22, at the Basilica of the Assumption of Our Lady, the...
15:55
Mahindra Scorpio-N sets new sales record
The Mahindra Scorpio-N proved to be quite a hit in its home market in India, as the first 25,000 units were sold out in less than a minute,...
15:45
Manvel Paramazyan to top new bloc's electoral list in upcoming Kajaran elections
The incumbent mayor of Kajaran, a town in Armenia's Syunik Province, will top the electoral list of a newly formed alliance in the municipal...
15:12
Expert: Surrender of Berdzor, nearby villages brings enemy one step closer to our homes
Iran expert Vardan Voskanyan claims the surrender of Artsakh’s Berdzor (Lachin) town and the nearby villages of Aghavno and Sus to...
14:34
Twelve dead, 31 injured in Croatia bus crash
Twelve people have been killed after a bus carrying Polish tourists veered off a road in Croatia on Saturday, BBC News reported. All 31...
14:11
Chess Olympiad: Armenia keeps the lead after draw with US
Armenia defended its lead in the open section of the Chess Olympiad after drawing the favourites from the United States in round 7, ChessBase...
13:36
Rep. Schiff calls for immediate action to hold Aliyev regime accountable for attack against Artsakh
U.S. Congressman Adam Schiff, Chairman of the House Intelligence Committee, condemns Azerbaijan's latest aggression against Artsakh and...
13:15
French mayor wants Mont Blanc climbers to pay €15,000 rescue and funeral deposit
Climbers attempting to reach the summit of Mont Blanc from a popular path in France will have to pay a €15,000 (£12,640) deposit to...
13:06
Artificial parity brings false legitimization of use of force in Artsakh, official says
Artsakh’s State Minister Artak Beglaryan calls out international institutions for again keeping artificial parity between the Azerbaijani...
12:45
Kim Kardashian and Pete Davidson split after 9 months together
Kim Kardashian and Pete Davidson have reportedly gone their separate ways, Vogue says. According to People, the pair split up after...
12:33
Sen. Menendez condemns Azerbaijan’s latest attacks against Artsakh
Senator Bob Menendez (D-NJ), Chairman of the Senate Foreign Relations Committee, has condemned Azerbaijan's latest attacks against Artsakh...
12:05
Azerbaijan violated ceasefire in some sections, Artsakh says
The situation on the contact line between Artsakh and Azerbaijan was relatively stable overnight and as of Saturday morning despite some...
11:55
UEFA punishes Turkish club for Putin chants
Fenerbahce have been handed a one-game partial stadium closure, suspended for two years, after their fans chanted Russian President Vladimir...
11:35
Armenia conveyed concerns over peacekeeping mission to Russian leadership in 2021 – Foreign Ministry
Armenia conveyed its concerns over the Russian peacekeeping activities in Nagorno-Karabakh (Artsakh) to the Russian leadership back in February...
11:15
Armenian Church commemorates 200 pontiffs of Ecumenical Council of Ephesus
The Armenian Apostolic Church commemorates 200 pontiffs participating in the Ecumenical Council of Ephesus on Saturday, August 6, Qahana.am...
11:06
Charles Michel holds phone calls with Pashinyan, Aliyev
President of the European Council Charles Michel has held phone calls with Nikol Pashinyan and Ilham Aliyev, he said in a tweet on Friday....
17:00
Warner Bros. announces release date for ‘Joker 2’
The Joker is set to return to the local multiplex on Oct. 4, 2024, The Hollywood Reporter says. The Joker 2 sequel likely to star...
16:45
Former MP: Armenian government meetings are held exclusively for Azerbaijan
Former MP Sofia Hovsepyan has reacted to Nikol Pashinyan’s statements at a cabinet meeting on Thursday. “Have you noticed that...
16:26
Brian May shares 'Bohemian Rhapsody' performed by Armenian children
Queen guitarist Brian May, a co-founder of the STARMUS festival, has shared on his Instagram page the song “Bohemian Rhapsody”...
15:58
Kevin Spacey ordered to pay $30 million to ‘House of Cards’ makers
 A judge on Thursday ruled that Kevin Spacey and his production companies must pay the makers of “House of Cards” nearly $31...
15:46
Ombudsperson: Azeri official confirms Artsakh Armenians' right to life is not guaranteed
Azerbaijani lawmaker Gudrat Hasanguliyev has confessed about Azerbaijan’s state policy aimed at the ethnic cleansing of the Armenian...
15:18
RPA: 'By surrendering Artsakh, we won't live' approach a guarantee for Armenian people's security
The Executive Body of the Republican Party of Armenia (RPA) on Friday released a statement on the latest Azerbaijani attack on Artsakh, again...
14:15
Senator Reed: Azerbaijan's actions do nothing to further lasting peace in Nagorno-Karabakh
Azerbaijan’s actions do nothing to further a lasting and durable peace in Nagorno-Karabakh (Artsakh), Senator Jack Reed said in a tweet on...
13:57
'We have no right to leave our soldiers alone', says opposition MP
MP Tigran Abrahamyan of the opposition Pativ Unem faction has hailed Armenian soldiers for successfully performing their combat tasks in a...
13:35
Artsakh denies Azerbaijani claims of ceasefire violation
The Artsakh Defense Ministry has refuted Azerbaijan’s claims that the Artsakh military allegedly violated the ceasefire nine times by...
13:07
Aliyev has deceived Macron
French President Emmanuel Macron on Friday discussed the recent escalation of tensions in Nagorno-Karabakh (Artsakh) in a phone call with...
12:13
Four people critically injured in lightning strike near White House
Four people have been critically injured after being struck by lightning near the White House, BBC News reports. The two men and two...

Follow us and get updates!

Most popular articles

{"core.blocks.header.spell_message1":"Selected mistake: ","core.blocks.header.spell_message2":"Send a message about the mistake?"}