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  • Germany is the second

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    GERMANY IS THE SECOND
    [06:28 pm] 28 November, 2008


    The Prime Minister of Armenia, Tigran Sargsyan, received the
    Ambassador Extraordinary and Plenipotentiary of Germany to Armenia
    Andrea Victorin and Director of the German Technical Cooperation
    Company Frank Tibitantsel.

    The Prime Minister appreciated the Armenian-German cooperation, noting
    that the Federal Republic of Germany is the second large investor in
    Armenia after the United States. The parties attached importance to
    the programs the German Technical Cooperation Company implements in
    Armenia within the framework of bilateral technical cooperation. The
    guests informed the Prime Minister about the intention of opening an
    Office of the German Technical Cooperation Company in Armenia in the
    near future, which, according to them, will contribute to the
    development of bilateral cooperation.

    Frank Tibitantsel turned to the importance of new programs of
    encouraging especially the private companies. One of them is a
    regional program, which has already started and is called a `Program
    of promoting the private economy in the South Caucasus. The German
    side has had a number of meetings in Armenia with state and private
    representatives to clarify the directions of cooperation.

    The German Ambassador and the Director of the German Technical
    Cooperation Company attached importance to working out and
    implementing steps in the direction of promoting the exports,
    improving the food security, eliminating the obstacles in the sphere
    of trade.

    Stressing the importance of the above-mentioned approaches, the Prime
    Minister underlined that the Armenian Government prioritizes the
    programs targeted at promoting the economic growth in the
    country. According to Tigran Sargsyan, today this issue is urgent not
    only for Armenia, but also for world economy, in general. Any
    investment program in Armenia should be considered from that point of
    view, the Prime minister said.
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