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Delegation From UAE To Familiarize Itself With Infrastructural Proje

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  • Delegation From UAE To Familiarize Itself With Infrastructural Proje

    DELEGATION FROM UAE TO FAMILIARIZE ITSELF WITH INFRASTRUCTURAL PROJECTS IMPLEMENTED IN ARMENIA

    PanARMENIAN.Net
    November 3, 2010 - 15:13 AMT 11:13 GMT

    Director of the Armenian Development Agency Robert Harutyunyan said
    that the first Armenian-Arab business forum held in Yerevan is a
    result of the two countries' efforts. There is an agreement that it
    will be of a continuous nature, Harutyunyan told a press conference
    in Yerevan on November 3.

    According to him, it is proved also by the representative delegation
    led by Sheikha Lubna Al Qasimi, the Minister of Foreign Trade for
    the United Arab Emirates.

    Projects implemented in Armenia's infrastructures, including
    Iran-Armenia road, as well as the project on transferring Jermuk
    resort into a tourism center and projects in nuclear medicine and
    energy will be presented to the delegation arrived from the UAE.

    "As for trade, the UAE offers to expand the volume of trade turnover
    with Armenia through presentation of Armenian companies at free trade
    zones of the UAE," said Harutyunyan.

    The trade turnover between Armenia and the UAE amounted to around
    USD 130mln in 2006-2009.

    A memorandum of mutual understanding between the Armenian Ministry
    of economy and Ministry of Foreign Trade of the UAE was signed as
    part of the Armenian-Arab business forum.




    From: A. Papazian
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