EU4Business week starts in Armenia | EUNewsletter

EU4Business week starts in Armenia

25 October 2016
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The European Union has long supported large-scale reforms and projects to develop a supportive environment for doing business in Armenia. With innovation, trade and SME development seen as key pillars of economic growth, the EU is ready to help Armenia achieve further development objectives.
As a part of these efforts, the EU and its partners have organised a second EU4Business week during 2016. This second initiative will run from 24-28 October 2016 and include a variety of events. The week kicked off with a panel discussion on “Investing in SMEs in the Eastern partnership counties”.
14718693_1139411682779426_1965376826679088819_nThis panel, the 8th Business Development Panel, focused on innovation as an essential tool for boosting competitiveness on both the regional and national level. The panel officially launched the pilot version of the EU4Business website. This website will make EU support to businesses more accessible and visible. Country-specific EU4Business webpages in local languages will follow soon.
The panel was followed by a press conference, in which the Head of the EU Delegation to Armenia, Ambassador Piotr Świtalski, and the Armenian Deputy Minister of Investment and Development, Garegin Melkonyan, participated. Ambassador Świtalski stressed the importance of this second initiative: ‘This week is one of the most important weeks of our year. EU4Business Week, starting today, makes Armenia the centre of various events and activities that highlight the EU’s role in supporting economic development, innovation and business across the entire Eastern Partnership. We believe that economic resilience is very important for both ourselves and countries like Armenia. We pay particular attention to supporting economic development and to offering best possibilities for cooperation both regionally and within the EU. The choice to launch the initiative through the Business Development Panel was symbolic, as it is SMEs which provide the vast majority of job opportunities; therefore, economic opportunities linked to SMEs are significant. EU4Business is a strong signal of the EU’s commitment to support business, to directly benefit the real economy, and to increase the country’s and the region’s competitiveness’.
First Deputy Melkonyan echoed this sentiment: ‘I welcome the launch of the EU4Business week in Yerevan and extend my gratitude to our European partners for this outstanding initiative. Armenia attaches great importance to EU assistance provided through the Eastern Partnership to implement economic reforms. We share a special focus on ensuring and deepening bilateral and multilateral cooperation. In this regard, competitive and effective SMEs are one of the most important preconditions for economic development in our country’.

EU4Business week starts in Armenia

The European Union has long supported large-scale reforms and projects to develop a supportive environment for doing business in Armenia. With innovation, trade and SME development seen as key pillars of economic growth, the EU is ready to help Armenia achieve further development objectives. As a part of these efforts, the EU and its partners have organised a second EU4Business week during 2016. This second initiative will run from 24-28 October 2016 and include a variety of events. The week kicked off with a panel discussion on “Investing in SMEs in the Eastern partnership counties”. 14718693_1139411682779426_1965376826679088819_nThis panel, the 8th Business Development Panel, focused on innovation as an essential tool for boosting competitiveness on both the regional and national level. The panel officially launched the pilot version of the EU4Business website. This website will make EU support to businesses more accessible and visible. Country-specific EU4Business webpages in local languages will follow soon. The panel was followed by a press conference, in which the Head of the EU Delegation to Armenia, Ambassador Piotr Świtalski, and the Armenian Deputy Minister of Investment and Development, Garegin Melkonyan, participated. Ambassador Świtalski stressed the importance of this second initiative: ‘This week is one of the most important weeks of our year. EU4Business Week, starting today, makes Armenia the centre of various events and activities that highlight the EU's role in supporting economic development, innovation and business across the entire Eastern Partnership. We believe that economic resilience is very important for both ourselves and countries like Armenia. We pay particular attention to supporting economic development and to offering best possibilities for cooperation both regionally and within the EU. The choice to launch the initiative through the Business Development Panel was symbolic, as it is SMEs which provide the vast majority of job opportunities; therefore, economic opportunities linked to SMEs are significant. EU4Business is a strong signal of the EU’s commitment to support business, to directly benefit the real economy, and to increase the country’s and the region’s competitiveness’. First Deputy Melkonyan echoed this sentiment: ‘I welcome the launch of the EU4Business week in Yerevan and extend my gratitude to our European partners for this outstanding initiative. Armenia attaches great importance to EU assistance provided through the Eastern Partnership to implement economic reforms. We share a special focus on ensuring and deepening bilateral and multilateral cooperation. In this regard, competitive and effective SMEs are one of the most important preconditions for economic development in our country’.