EU supports raising SME competitiveness | EUNewsletter

EU supports raising SME competitiveness

17 October 2014
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On 7 October a working meeting on the “Promotion of SMEs’ competitiveness in Eastern Partner countries: Armenia” project took place in Yerevan. The Head of Political Section of the EU Delegation to Armenia, Dirk Lorenz, and the Armenian First Deputy Minister of Economy, Garegin Melkonyan, and the Head of the “Eurasia” competitiveness project, Gregory Lecomte, participated in the event.

Armenia was included in the reform research programme of the Organisation for Economic Cooperation and Development (OECD) “Eurasian Competitiveness” project in December 2013. This involved research on raising competitiveness in the local economy and now, under the new stage of the project, two working groups studying possible reforms.

Participants at the meeting discussed the work being carried out by the two working groups and the reports they had written. Additionally, further perspectives for development were explored.

On 26-27 November, the second roundtable on the “Eurasian Competitiveness” project will take place. Armenia will be represented by its Ministry of Economy. The rountable will synthesise current results, and examine the research undertaken. Independent experts will evaluate the results achieved and determine future plans. The implementation stage of the “Promotion of SMEs’ competitiveness in the Eastern Partner countries: Armenia” project will be launched in early 2015.

The project is implemented by OECD with the support of German Federal Enterprise for International Cooperation (GIZ), and funded by the European Union. Several experts from EU Member States (Germany, Italy, and the Czech Republic) have already visited Armenia to provide consultancy.

EU supports raising SME competitiveness

On 7 October a working meeting on the “Promotion of SMEs’ competitiveness in Eastern Partner countries: Armenia” project took place in Yerevan. The Head of Political Section of the EU Delegation to Armenia, Dirk Lorenz, and the Armenian First Deputy Minister of Economy, Garegin Melkonyan, and the Head of the “Eurasia” competitiveness project, Gregory Lecomte, participated in the event. Armenia was included in the reform research programme of the Organisation for Economic Cooperation and Development (OECD) “Eurasian Competitiveness” project in December 2013. This involved research on raising competitiveness in the local economy and now, under the new stage of the project, two working groups studying possible reforms. Participants at the meeting discussed the work being carried out by the two working groups and the reports they had written. Additionally, further perspectives for development were explored. On 26-27 November, the second roundtable on the “Eurasian Competitiveness” project will take place. Armenia will be represented by its Ministry of Economy. The rountable will synthesise current results, and examine the research undertaken. Independent experts will evaluate the results achieved and determine future plans. The implementation stage of the “Promotion of SMEs’ competitiveness in the Eastern Partner countries: Armenia” project will be launched in early 2015. The project is implemented by OECD with the support of German Federal Enterprise for International Cooperation (GIZ), and funded by the European Union. Several experts from EU Member States (Germany, Italy, and the Czech Republic) have already visited Armenia to provide consultancy.