Putin sees no problem with IT specialists moving to Armenia

PanARMENIAN.Net - Russian President Vladimir Putin has said he does not see a problem with IT specialists moving to Armenia, TASS reports.

Speaking at the first Eurasian Economic Forum, Putin recounted how he discussed the development of high technologies with colleagues from Kazakhstan and Armenia, but not because "some section of [Russia's] IT community have moved to Armenia."

"Well, they moved, and thank God, let them work," Putin said.

At the same time, he believes that such a situation is "to a certain extent a challenge" for Russia. "We must create better conditions," Putin explained.

The Russian invasion of Ukraine and the unprecedented Western sanctions against Russia have made many Russian businesses flee their home country and settle in Armenia. The Ministry of Economy has published a guide for businesses seeking to relocate to Armenia, also setting up a working group to answer queries.