YEREVAN, JANUARY 24, NOYAN TAPAN. In 2007, the Union of Information Technology Enterprises of Armenia (UITE) will continue its work on creation of special conditions for the sector's development. The union's executive director Karen Vardanian told NT correspondent about it. According to him, legislative amendments to ensure such conditions are needed in Armenia in order to develop a knowledge-based economy. The executive director also attached importance to the use of tax privileges for companies making investments in the IT education and research spheres. In the words of Karen Vardanian, the problems of using the IT sector's product and of the absence of telecommunication infrastructures exist in marzes. The UITE takes the view that they should develop at the expense of the state budget and in general the process of the IT sector's development should be managed by the appropriate authorized state body. K. Vardanian added that in 2007 the UITE plans to work out a set of business ethics rules of the Union and to assist with creation of new technoparks in Armenia. In 2006, the volume of IT sector's production made about 80 million USD, exceeding by 30% the index of the previous year. About 85% of the sector's production is exported.

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