YEREVAN, JULY 29, ARMENPRESS. The entry of Oracle Corporation, the world's second largest company in the software industry, to Armenia may be an important precondition for the economic development of the country. As reports “Armenpress”, this was stated by the Deputy Minister of Economy Emil Tarasyan, in a conversation with the reporters. On July 29, the first conference of the Armenian group of Oracle users was held, which was attended by the Oracle DB and Java Armenian User Group Chairman Richard Bezjian, U.S. Ambassador to Armenia John Heffern, Ambassador of Brazil to Armenia Edson Marinho Duarte Monteiro, U.K. Deputy Ambassador to Armenia Amias Murz, specialists of the sphere and businessmen.

The Deputy Minister of Economy noted that a cooperation agreement was signed between the Government of the Republic of Armenia and Oracle Corporation. The first step should be the opening of a representative office in Armenia, which is expected in the near future.