Quadripartite Memorandum of Mutual Understanding to boost economic development
The Armenian Ministry of Economy, the Chamber of Commerce and Industry of Armenia, the Armenian Development Agency and the Union of Manufacturers and Businessmen (Employers) of Armenia signed a Memorandum of Mutual Understanding “On Cooperation in Information and Resource Exchange.”
“Cooperation between these structures boosts economic development in the country. Each of the structures has its own resources and capabilities, and the Memorandum unites them,” Minister of Economy Tigran Davtyan said.
President of the Union of Manufacturers and Businessmen (Employers) of Armenia Arsen Ghazaryan noted that the Memorandum helps the sides consolidate social partnership, stimulate industrial development, intensify dialogue, business ties, and exchange information.
The goal of this document is to expand cooperation in information, resources, to foster cooperation between the state and public sectors.