Armenia to join World Free Zones Organization

YEREVAN, December 22. / ARKA /. Armenia will join soon the World Free Zones Organization (FZO), Armenian Meridian free economic zone said in a press release today.

It said the first deputy head of Meridian, Nika Manukova, was in the United Arab Emirates on December 11-15 at the invitation of FZO executive director Samir Hamrun to discuss Armenia’s upcoming membership in the organization and look into the opportunities it will open for the country.

Meridian said in the UAE Ms. Manukova had a meeting with the deputy CEO of Dubai Airport free economic zone Nasser Al Madani to discuss a set of legislation, infrastructure, security and organizational issues, concerning Armenia’s future membership in the organization.

The Armenian delegation also visited the Dubai airport, the Dubai Mall, and a jewelery and diamond cutting free economic zone  to discuss  the possibility of establishing partnerships and to study exchange of experience and  information between free economic zones of UAE’s and other countries.

Earlier, during a Lithuanian-Armenian business conference in Vilnius on November 27-28 Meridian signed 9 memorandums with Lithuanian free economic zones.

Established in Geneva, Switzerland and headquartered in the Dubai Airport Freezone, World FZO is a non-profit organization enhancing  public and general knowledge and the perception of free zones  helping to increase awareness of the advantages of free zones in terms of economic and social development, foreign and direct investments.-0-