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  • Andranik Margarian: There Are Wide Opportunities To Increase Swedish

    ANDRANIK MARGARIAN: THERE ARE WIDE OPPORTUNITIES TO INCREASE SWEDISH INVESTMENTS IN ARMENIA

    Noyan Tapan
    Oct 25 2006

    YEREVAN, OCTOBER 25, NOYAN TAPAN. The Swedish Ambassador to Armenia
    Hans Gunar Aden was received on October 25 by the RA Prime Minister
    Andranik Margarian. According to the RA Government Information and
    PR Department, congratulating the ambassador on his appointment, the
    prime minister expressed confidence that his activities will promote
    the further development of the Armenian-Swedish political and economic
    relations. He restated the Armenian side's interest in deepening the
    mutually beneficial cooperation between the two countries. A. Margarian
    said that he is optimistic about the prospects of cooperation between
    Armenia and Sweden, taking into account the successful course of the
    technical programs implemented in Armenia since 1995 with financing of
    the Swedish International Development Agency (SIDA). Underlining the
    importance of these programs, A. Margarian suggested discussing the
    issue of extenstion of sectors covered by these programs by including
    the local self-government and democacratic development fields as
    well. Speaking about the development of the Armenian-Swedish economic
    relations, the sides indicated such sectors as telecommunication,
    IT, machine building, agriculture, tourism as promising ones. Noting
    that favorable conditions have been created for implementation of
    investment programs in the country, the prime minister considered it
    desirable to carry out cooperation in science, education and culture
    along with the political and economic cooperation. Noting that 9
    companies with Swedish capital are currently operating in Armenia,
    he underlined the existence of wide opportunities to increase their
    number and the amount of Swedish investments in Armenia. At the request
    of the guest, the prime minister presented Armenia's activities aimed
    at Eurointegration, cooperation with NATO, noting that for security
    reasons and not contradicting the interests of any country, Armenia is
    also actively cooperating as a member state of the Collective Security
    Treaty Organization. Expressing his gratitude for the warm reception,
    Mr. Aden said that his country is ready to develop relations with
    Armenia. He assured that henceforth the Swedish side will allocate
    more time and resources for the South Caucasian countries, including
    for promotion of relations with Armenia, attaching importance to
    Armenia's involvement in the EU European Neighborhood Program. The
    ambassador stated that Sweden will continue assisting Armenia in its
    efforts aimed at Eurointegration.
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