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Armenian-Czech Business Conference In Yerevan

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  • Armenian-Czech Business Conference In Yerevan

    ARMENIAN-CZECH BUSINESS CONFERENCE IN YEREVAN

    TERT.AM
    20.11.12

    Armenian-Czech trade reached U.S. $64m last year, Czech Deputy
    FM Tomáš Dub stated at the Armenian-Czech business conference
    in Yerevan.

    The conference is an opportunity for Armenian businessmen to present
    their business propositions. The business event is expected to
    facilitate bilateral trade and economic ties.

    Czech businessmen's visit to Armenia to negotiate with Armenia's
    business community representatives is no coincidence. The trade
    mission is an important aspect of the Czech Republic's foreign policy,
    Mr Tomáš Dub.

    The Czech Republic considers Armenia an important partner and seeks
    to strengthen ties with Armenian partners.

    Mr Robert Harutyunyan, General Director, Armenian Development Agency
    (ADA), said Armenia is open to investors and development of business
    contacts and welcomes larger-scale Czech investments in the country.

    Armenia's Deputy FM Zohrab Mnatsakanyan pointed out a higher level
    of bilateral relations, which is reflected not only by the opening of
    diplomatic missions, but also by the development of economic relations.

    "Developing trade and economic relations with European states is of
    importance for Armenia. The European Union of Armenia's major partner,
    and its share in Armenia's exports is 50%," he said.

    Armenia is bringing its trade and economic procedures to conformity
    with European standards, Mr Mnatsakanyan said.

    Representatives of 13 Czech companies are participating in the
    conference.

    More than 20 companies with Czech capital are currently operating
    in Armenia. Armenia's exports to Czech Republic totaled U.S. $19m
    (aluminum and ferrous materials), and imports from that country U.S.

    $24m (nuclear reactors, electrical machinery, glass) last year.

    Armenian and Czech businessmen held private meetings as well.


    From: Baghdasarian
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