Diaspora's intellectual potential crucial for Armenia's military industry- says senior lawmaker

 YEREVAN, SEPTEMBER 18, ARMENPRESS. Diaspora Armenians have little involvement in the military industry of Armenia, Member of Parliament and Chairman of the Parliamentary Committee on Defense and Security Affairs Andranik Kocharyan  said at the panel discussion held within the Global Armenian Summit.  

"Previously, the potential of the Diaspora was primarily viewed in terms of financial support for Armenia. However, the intellectual potential of the Diaspora has been underutilized in Armenia’s economy. Syrian-Armenian engineers and craftsmen are now working in some of the military industry’s factories, significantly contributing to this sector, particularly in the production of multiple-launch systems," Kocharyan noted.

He added that Armenia's defense industry was previously limited to repairing individual components. Today, however, there are established engineering teams, facilities, and process flows that supply the armed forces with products difficult to import due to logistical constraints.

"The production of UAVs has also advanced in Armenia. We now have a developing industry, and for its further growth, we must ensure a continuous flow of intellectual potential to the homeland. To achieve our main goals, we must all work together," the lawmaker emphasized, highlighting the crucial role of the Diaspora in this effort.