OSCE Office presents study on development of Armenia's remote Syunik province

YEREVAN, 11 February 2005 - The OSCE Office in Yerevan yesterday presented the report of a year-long study of the social-economic development of Armenia's most remote province, Syunik.

"There is a certain progress in Armenia's development towards a free market economy, however there is still a lot to be done in the regions," said Ambassador Vladimir Pryakhin, Head of the OSCE Office in Yerevan. "The poverty and unemployment levels remain quite high, particularly in remote regions of the country".

The findings of the report were presented to representatives of the government and parliament, international and donor organizations, the diplomatic corps, as well as business associations and NGOs.

The study began in 2003 when the OSCE Office organized a forum where representatives of the province gathered to discuss the current situation and problems facing the region, and outlined potential solutions. A working group was organized to assist a professional consulting company in preparing the study.

The paper reveals major social and economic problems in the province, identifies priorities and suggests solutions and potential business opportunities.

"The report will allow the Government to follow a more systematic approach towards Syunik's development," said Vache Terterian, Deputy Minister of Regional Administration. "I believe we can soon see the results of this exercise".

The OSCE Office also supported the publication of the "Syunik Yellow Pages", a business directory, which will help the local population, entrepreneurs as well as investors from other parts of Armenia and the world to get a better idea about opportunities and business partners here.

The Office considers the strengthening of socio-economic stability as a key pillar for the country's sustainable development and security.