Repatriation in full swing, capital inflow proves Diaspora is Armenia’s reliable partner – Deputy PM

Repatriation in full swing, capital inflow proves Diaspora is Armenia’s reliable partner – Deputy PM


YEREVAN, OCTOBER 31, ARMENPRESS. Deputy Prime Minister of Armenia Hambardzum Matevosyan said that the participation of Armenians from all over the world in the 1st World Armenian Summit provides an opportunity to discuss and jointly develop new opportunities for Armenia’s continued development, of Artsakh and the Diaspora, mutually beneficial formats of partnership and to define priorities and launch a useful program.

“The modern world, including our region, has entered an era of global change that includes the most serious challenges, ranging from security issues to the preservation of identity, from the realities of economic development to the need to provide innovative solutions aimed at overcoming them,” Hambardzumyan said in his address, emphasizing that the existing challenges cannot be overcome and the partnership can only be elevated to a new institutional strategic level by uniting the efforts of Armenia, Artsakh and the Diaspora.

He underlined that the Global Armenian Summit is an exclusive opportunity to strengthen the ties between Armenia and the Diaspora, to make the voice of the Diaspora communities heard and to convey the important message that the Diaspora is the strong anchor and the reliable partner of Armenia, which is proven by the ongoing repatriation in full swing and the inflow of capital, which is significant in terms of improving economic indicators and the demographic situation.

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