Armenia's Minister of Economy of Vahan Kerobyan signed a memorandum with the Ministry of Economic Development of Russia on the establishment of a center for strategic development in Armenia.
The agreement was reached on the sidelines of the St. Petersburg International Economic Forum, in which a delegation from Armenia was participating.
Kerobyan signed 2 memorandums: one on cooperation with the government of the Tyumen region, and another on cooperation with the Ministry of Economic Development of the Russia to create the center for strategic development of Armenia.
For the first time in the history of Forum, Armenia had its own stand, designed by the Armenian architectural studio that last year was recognized as the winner of the construction of the Garage summer cinema in Moscow.
“The development of the economy includes a cultural component, which has always been one of the main export items of our country. The Armenian stand was recognized by the organizers of the forum as the most stylish ones,” the Ministry of Economy said in a statement on Monday, June 20.