27/03/2010 12:46
UNIDO ITPO Program signed in Vienna
Three-year Program of creation of the UNIDO Investment and Technology Promotion Offices (ITPO) Network for EurAsEC and Armenia was signed on March 23 in Vienna.
The Program was signed by UNIDO Director General Dr. Kandeh K. Yumkella and Russia’s Envoy for International Organisations, Ambassador Alexander Zmeevsky. The $2,2 million cost program is funded by Russian government.
The signing ceremony was attended by representatives and officials of the EurAsEC and Armenia, a spokesperson for Armenia’s Foreign Ministry said.
The Program aims to create a common economic area and coordinate strategies for investments in EurAsEC and Armenia; UNIDO’s investment promotion experience and tools will be mobilized to create a network of ITPOs in EurAsEC and Armenia, which will benefit from the services that UNIDO’s worldwide ITPO Network can provide. It is expected that the strengthened investment and technology promotion infrastructure will promote joint global investment initiatives.
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