International Economic Conference Kicks Off in Yerevan
Media Room

A two-day international economic conference on modeling effective economic and political development started today in Kamar Business Center in Yerevan. The purpose of the conference is to explore the prospects for steady and effective economic development through the prism of politics, economics and innovation.

Welcoming remarks at the official start of the conference were made by the head of the EU Delegation to Armenia Piotr Switalski, Deputy Prime Minister of Armenia Tigran Avinyan, Director of the Union of Advanced Technology Enterprises (UATE) Alexander Yesayan and Eva Neher, Head of the EU-SMEDA (Small and Medium Enterprises Development in Armenia) Program. The event was attended by Atom Janjughazyan, Minister of Finance of Armenia, Tigran Khachatryan, Minister of Economic Development and Investments, as well as by representatives of the government, international organizations, experts and other guests.

The conference is co-chaired by David Sahakyan, leading researcher at the Alikhanyan National Scientific Laboratory, and Thomas Lux, Professor of Economics at the University of Kiel, Germany. Thomas Lux is also an adviser to the German government and is known for accurate economic forecasts. 

During the two-day conference experts will discuss effective ways of economic development using the example of Armenia, and then present a program to the government.

The list of key speakers includes the number one financial risk expert in Switzerland Didier Sornette. Yaneer Bar-Yam, a physicist from Boston, will be joining the conference by video call. Yaneer Bar-Yam is known for modeling economic policies for Wall Street and the White House. 

The conference has brought together representatives of universities, researchers and experts from Armenia, Russia, Iran, France, Germany, Switzerland, the Netherlands, Italy, Spain, China and the United States.

The conference is being held by the Artem Alikhanyan National Scientific Laboratory with the assistance of the Government of Armenia, UATE and EU-SMEDA. Ameriabank is the partner of the conference.


EU-SMEDA is funded by the European Union and the Federal Ministry for Economic Cooperation and Development of Germany. The program is implemented by the German Society for International Cooperation (GIZ). It is part of the European Union’s "EU for Business" and "EU for Innovation" initiatives. 



The Union of Advanced Technology Enterprises (UATE) was founded in 2000. It is a non-profit organization uniting more than 80 advanced technology companies and international corporations operating in Armenia. The goal of UATE is to make Armenia a world leader in high technologies, providing its members with a favorable business environment and development programs, securing the protection of their interests by providing legal, business and educational services and implementing various programs to bring the players in this field together.


Updated 03.04.2019, 14:22
2021 © "Ameriabank" CJSC   |   All Rights Reserved.
Dear visitor,
If you find any discrepancies in the website materials in Armenian, English and Russian languages, or incomplete materials in Russian and English languages, please consider Armenian version as prevailing.
Ameriabank CJSC does not bear any responsibility for the inaccuracy of information on the linked web sites, nor does it accept any responsibility for the advertisements therein or possible consequences arising out of use of information provided on the linked web-sites by the third parties.
Ameriabank CJSC is supervised by the CBA.