French companies may use Armenia as a platform to enter Customs Union's markets

French companies may use Armenia as a platform to enter Customs Union's markets

YEREVAN, May 12. / ARKA /. The main purpose of the Armenian- French business forum that has kicked off today in Yerevan as part of  French President Francois Hollande’s state visit to Armenia is to inform French companies about the opportunities to use Armenia as a bridge to enter  the Customs Union markets, Robert Harutyunyan, head of the  Armenian Development Agency (ADA ) said today.

Harutyunyan said the business forum will also look into ways to increase Armenian exports, particularly, agricultural products, to the European Union.

"A number of French companies will engage in commerce in Armenia, and we believe that these trade networks may help present Armenian products not only in Armenia, but also abroad, “he said.

The business forum will hold  round tables on several specific topics such as ‘Trade and Services”and “Infrastructure and Equipment." 

The first will present agribusiness, health, tourism, services, high technology and environment, and the second round table will present transport, telecommunications, urban planning, urban services, water supply, energy, logistics, e-services and insurance sectors.

Harutyunyan also said that representatives of about 20 France-based companies and  about 15 French companies operating in Armenia , as well as 170 Armenian companies  are participating in the business forum.

According to the ADA, in 2013 the Armenian-French trade turnover was $26.1 million. Armenia's exports stood at  $4.3 million , while imports from France stood at  $21.8 million. -0-

18:17 12.05.2014

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