YEREVAN, NOVEMBER 18, NOYAN TAPAN. The opportunities for localization of the economic model of Vendee region (France) in Armenian economy were discussed at the November 17 conference at French University in Armenia (FUA) with the participation of the French ambassador to Armenia Serge Smessov, the teaching staff and students of the university, representatives of Vendee's Chamber of Commerce and Industry, and businessmen. The head of the Vendee delegation, President of the region's general council Philippe de Villiers gave the report "The Economic Model of Vendee", saying that the economies of Armenia and this French region have some similarities, in particular, in terms of their small areas and limited energy resources. According to him, the dynamic development of Vendee's economy is ensured by small and medium enterprises, mainly family ones. There is one enterprise per 17 residents of Vendee, whereas the average index in France makes an enterprise per 30 residents. The economy of the region is mainly based on agriculture, craftsmanship, industry and tourism, and the hopes are pinned on own production rather than import. The strong relationship between the educational system and enterprises, as well as the proportionate territorial development and the active regulation of employment contribute to economic development. P. de Villiers answered the questions of those present. Some businessmen of Vendee, who had hosted FUA students in France for a month, made speeches at the event. They expressed their satisfaction at the work of the Armenian students, while the students thanked them for the opportunity to gain experience in Vendee.

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