Armenia's tourism has the potential to grow by up to five times, Minister of Economic Development and Investments Suren Karayan said Thursday, December 29.
At a meeting with tourism industry representatives, Karayan said the sector, currently among the Ministry's top priorities, is capable of creating inclusive added value.
Citing research by the UN World Tourism Organization, Karayan said tourism along with infrastructures has the potential to grow by up to five times.
The Minister also discussed issues concerning the VAT, visa facilitation policies, communications, Armenia's recognizability and the overall development of the sector.
It was decided that the Union of Incoming Tour Operators, whose head Ara Petrosyan was participating in the meeting, will submit a package of proposals to the Ministry for further discussions with the state tourism committee.