On August 8, the Office of the Prime Minister of Armenia published three memorandums of understanding signed between Yerevan and Washington, Report informs, citing the official website of the Armenian Prime Minister Nikol Pashinyan's Office.
One of the agreements focuses on partnership in innovation in the fields of artificial intelligence and semiconductors.
The memorandum outlines both parties' intent to collaborate within their respective priorities related to semiconductor supply chains and AI development. Key areas include:
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Exploring opportunities for the further development of Armenia"s semiconductor ecosystem
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Expanding the mutual exchange of information on best practices in secure semiconductor supply chains and AI applications
The memorandum came into force on the date of signing and will remain valid for one year.