Gevorg Papoyan: Effective protection of intellectual property is  crucial for sustainable economic growth

ArmInfo.  Sustainable economic progress is impossible without comprehensive development of the intellectual property sphere. Minister of Economy of Armenia Gevorg  Papoyan made this statement at the opening of the national pavilion  of Armenia at the international exhibition held within the framework  of the 66th Series of Meetings of the Assemblies of the Member States  of the World Intellectual Property Organization (WIPO) in Geneva.

He emphasized the importance of  protecting intellectual property  effectively as a crucial element for sustainable economic growth. The  Minister noted that this not only stimulates creative and innovative  potential, but also promotes scientific research and enables the  commercialization of traditional knowledge and cultural values. "For  Armenia, this is not just legal regulation, but a strategic direction  of national development," Papaoyan noted.

As reported by the press service of the Ministry of Economy, the  Armenian pavilion showcased Armenian wines, Ararat cognac, samples of  Armenian carpet weaving, and embroidery, as well as traditional  dishes from the national cuisine.