Armenia may provide Moroccan businesses with opportunities to enter EEU markets, Armenian minister says

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Economy

07.04.2015, 16:15

Armenia may provide Moroccan business people with opportunities to enter the markets of former Soviet republics, including the recently established Eurasian Economic Union (EEU), Armenian economy minister Karen Chshmariyian said today when speaking at the first Armenian-Moroccan business forum in Yerevan.

Armenia may provide Moroccan businesses with opportunities to enter EEU markets, Armenian minister says

YEREVAN, April 7. / ARKA /. Armenia may provide Moroccan business people with opportunities to enter the markets of former Soviet republics, including the recently established Eurasian Economic Union (EEU), Armenian economy minister Karen Chshmariyian said today when speaking at the first Armenian-Moroccan business forum in Yerevan.

He said the Armenian government has adopted the policy of open doors for foreign investments, which are protected by the country’s Constitution. According to him, Armenian businessmen in their turn may use Morocco as a bridge to win markets in the African continent.

‘The Kingdom of Morocco may be the country for Armenian business people to win markets in Africa. On the other hand, Moroccan businessmen may use Armenia as a country to win new markets in former Soviet republics, including the Eurasian Economic Union,” he said.

He said opening of business offices in the two countries will help develop trade and other links.

Moroccan ambassador to Armenia, Ms. Mina Tunsi said Armenia and Morocco have great economic potential and can use it for the development of bilateral development.

"This two-day forum testifies to the determination of the two countries to develop their relations", she said.

The Armenian-Moroccan business forum organized by the Armenian Chamber of Commerce and Industry in cooperation with the Honorary Consulate of Morocco in Armenia will run form April 6 to 9.

The Armenian and Moroccan business people will get acquainted with the economic situation in both two countries, as well as discuss opportunities for bilateral cooperation. 0-

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