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Time in Yerevan: 11:07,   29 March 2024

Armenia SME will have access to EU development initiatives

Armenia SME will have access to EU development initiatives

YEREVAN, JULY 30, ARMENPRESS. The Government of the Republic of Armenia consented to the agreement on Armenia’s participation in the new EU programme for the Competitiveness of Enterprises and Small and Medium-sized Enterprises 2014-2020 (COSME). The Minister of Economy of Armenia,  Karen Chshmaritian, said at the session of the executive body that the main goal is to provide small and Medium-sized Enterprises with possibility of access to EU small and Medium-sized Enterprises development initiatives.

Armenpress reports that PM Hovik Abrahamyan  noted that he had talked about the project with Donald  Tusk, the President of the European Council. The latter offered his support for the project realization. The Prime Minister also said that Armenia’s participation in the project will provide a possibility to “Small and Medium Entrepreneurship Development National Center” of Armenia of receiving funding from  Enterprise Europe Network (EEN), thus increasing essentially latter’s activity effectiveness.








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