YEREVAN, MAY 4, ARMENPRESS: Bagrat Yengibarian, the director of Armenian Enterprises Incubator Foundation (EIF), funded by World Bank told Armenpress that the government and the Bank have approved the idea of opening representations of Armenian IT companies in Canada and the USA. Yengibarian said another project for opening a representation in Germany is underway.
He said the first representation will open next month in Canada’s Toronto. He said the EIF is now discussing with Armenia-based IT companies the ways of cooperation based on contracts to be signed by the representation, as the Toronto representation is supposed to resolve initially several priority problems of Armenian companies in Canada’s IT market.
Yengibarian said Armenian embassy in Canada will help organize the second online conference between Canadian and Armenian IT companies in June. He said the previous such conference attracted tens of heads of Canadian It companies, 70 percent of whom were non-Armenians.
He said the representation in the USA will most likely open by the end of 2004.
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