YEREVAN. – The ArmHiTec international exhibition has all the preconditions for discussing the ideas and designs arising from the interests of armed forces, defining the development trends of the main branches of this industry, and becoming a prestigious platform for giving new impetus to their development. 

The Minister of Defense of Armenia, Vigen Sargsyan, noted the abovementioned at Thursday’s official opening of the ArmHiTec 2016 international exhibition of arms and defense technologies, in Armenia’s capital city of Yerevan.

In his words, innovative designs assume a more and more active role in defense technology.

“At present, Armenia has enough potential to apply the latest high-tech designs of the defense sector, and create a favorable climate for investments,” said the minister.

He also expressed the hope that this exhibition will contribute to the expansion of the geographical scope of international political and economic cooperation, and the development of military industry potential of the countries participating in this event.

“The military industry of Armenia has all opportunities to become a catalyst for economic development in the domain of innovations and high tech, at a nationwide level,” added Vigen Sargsyan.