U.S. Ambassador on revealing Armenia’s IT potential

U.S. Ambassador to Armenia Kristina Kvien, in her remarks at the American Chamber of Commerce in Armenia (AmCham) meeting, touched on revealing Armenia’s potential as a regional leader in advanced technologies.

On August 8th President Donald Trump signed three Memoranda of Understanding with Armenia focusing on two primary areas – business and security.

According to the ambassador, significant progress is already being made in the implementation of these memorandums.

“These efforts will help create high-skilled jobs and expand Armenia’s robust innovation ecosystem.  They will position Armenia as a regional leader in advanced technology.

By securing supply chains, we can help insulate Armenia’s tech sector from global disruptions, ensuring reliability and growth,” she noted.

The ambassador particularly highlighted the issuance of export license by the U.S. Department of Commerce for U.S. technology that will be used by Firebird.

“Firebird has announced an initial $500 million investment in Armenia, in partnership with U.S. companies Dell and NVIDIA. This project would make Armenia a regional leader in advanced compute infrastructure and support the integration of smart technologies into manufacturing, logistics, and public services, making Armenia a hub for digital innovation in the region,” the ambassador said.