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March 29
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YEREVAN. – DigiTec Business Forum shows Armenia’s strength, success and capabilities in the field of communication technologies, U.S. Ambassador John Heffern said.

Delivering speech during the opening of the sixth annual DigiTec Business Forum, Heffern said he participates in the forum for the second time.

Ambassador noted U.S. role in the development of Armenia’s IT sector, since the American organizations are closely cooperating with the Armenian businessmen, including contacts with Silicon Valley.  

The diplomat stressed government’s significant role in training experts. However, he said favorable conditions must be created for startup companies, small and medium-sized business entities. In order to develop venture capital and startup companies, he advised to study the experience of Singapore.

Ambassador Heffern underscored importance of intellectual property right, since IT sector is the most creative field.

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