Home / News & Events / Archive

Armenian Businesses and Civil Society Organizations Join the UN Global Compact

(Yerevan, 17 November 2006/undp) – Today, the United Nations Development Programme (UNDP), the Ministry of Trade and Economic Development of Armenia and 19 private companies and civil society organizations officially launched the UN Global Compact in Armenia. Ara Petrsoyan, Deputy Minister and Consuelo Vidal, UN resident coordinator and UNDP resident representative presented the initiative to attendees at the ceremony in Yerevan.

At the event, two other important agreements were signed: The first one was on the establishment of an Arts and Crafts Training and Production Center for Disabled Children. Global Compact participants and UNDP partner K-Telecom/VivaCell decided to support this project. Also, a memorandum of understanding was signed with the Union of Manufacturers and Businessmen of Armenia to enhance cooperation with the UN Office in Armenia through a number of joint initiatives.

"UNDP strongly believes that private sector has a very crucial role to play in the development of the country and UNDP is partner in this sense," Ms. Vidal said in her speech. "We would like to invite more private sector companies to engage in this initiative and sign up to become members of the Armenian network. Jointly we can do more for your business, for Armenia and for its future."

Georg Kell, Executive Director of the UN Global Compact Office in New York, sent a welcoming message to Armenia. He wrote: "It is very encouraging to see that the United Nations has a committed partner in the Armenian business community that is ready to join us in carrying the Global Compact forward. Commitment and leadership of government, civil society and academia will be crucial for the Global Compact to succeed in your country. I am confident that the Global Compact can take root in Armenia and help the country further integrate into global economy and contribute to better life of the people of Armenia."

In Armenia, the following companies and organizations have already joined the GC Network: American University of Armenia, Ashtarak Kat, America, Armenal, BAKSS, Broncoway, Cascade Capital Holding, Coca Cola, the Enterprise Incubator Foundation, the International Centre for Human Development (ICHD), KPMG Armenia, Marriott Armenia Hotel, Pyunic NGO, Tufenkian Hospitality Unicomp, Union of Manufacturers and Businessmen (Employers) of Armenia (UMBA), VivaCell, Grant Thornton Amyot, and Sourcio.

*  *  *

ABOUT UNDP: UNDP is the UN's global network to help people meet their development needs and build a better life. The agancy is represented in 166 countries, working as a trusted partner with governments, civil society and the private sector to help them build their own solutions to global and national development challenges. Further information can be found at www.undp.org.

*  *  *

For additional information, please contact Mr. Aramazd Ghalamkaryan at aramazd.ghalamkaryan@undp.org, (Tel.: +37491 436 312, +37410 566 073 + 121)