YEREVAN, September 12. / ARKA /. Representatives of twenty Argentinean companies, representing pharmaceuticals, biotechnology, information technology, food processing, agricultural machinery, wine-making equipment, textile industry and tourism sectors, will visit Armenia October 17-18 for meetings with local businessmen, Argentina’s ambassador to Armenia, Diego Alvarez Rivera, told in an interview with ARKA.
"The anticipated business meeting is expected to support the deepening of economic ties between the two countries and enhance bilateral trade capacities," said Rivera.
The ambassador noted the increase in bilateral trade in recent years, saying to the best of his knowledge the positive growth trend is to continue throughout this year as well.
In 2012 Argentina was the third country in terms of direct investments in Armenia, which amounted to $55 million, a 5 percent rise from 2011. Armenian-Argentinean trade in 2012 amounted to $5.76 million, a two-fold rise from 2004. -0-