Armenia virtual phone numbers

Armenia has specific regulations for telemarketing that businesses must adhere to:

• The Armenian law on protection of consumers' rights prohibits unsolicited telemarketing calls and requires businesses to maintain a do-not-call (DNC) list (Source: Armenian National Assembly)
• Armenia's regulatory framework includes the law on electronic communication, which governs telemarketing activities and requires businesses to register with the Public Services Regulatory Commission (Source: Concern Dialog Law Firm)

These regulations emphasize the need for businesses to obtain proper consent and respect individuals' rights to opt out of marketing communications in Armenia.

Armenia's economy is thriving, propelled by the strength of several key sectors.

• Technology and Innovation: Armenia has become a tech powerhouse, with companies like Service Titan, Picsart, and Renderforest achieving global success. The country's focus on AI has attracted 90% of the region's venture capital in the first half of 2023.
• Agriculture: Employing 30% of the workforce, Armenia's agricultural sector is poised for growth thanks to modern technologies and the EU's Green Agriculture initiative. Agritech startups are also contributing to this sector's expansion.
• Construction and Trade: The construction sector grew by 48.9% in 2023, while exports multiplied 2.6 times in the first two months of 2024. Armenia's favorable business environment and increased investments have significantly benefited these sectors.

With a projected growth rate of 5.7% in 2024 and 6% in 2025, according to the Asian Development Bank, Armenia's economy is on a positive trajectory.