Mining can be successful investment and be of benefit to the Armenian people – US Ambassador
16.11.2016,
12:47
On Wednesday, the U.S. Embassy in Yerevan, in partnership with the Ministry of Economic Development and Investments, the Ministry of Energy and Natural Resources, and HSBC Bank, organized a one-day sustainable mining business conference.
YEREVAN, November 16. /ARKA/. On Wednesday, the U.S. Embassy in Yerevan, in partnership with the Ministry of Economic Development and Investments, the Ministry of Energy and Natural Resources, and HSBC Bank, organized a one-day sustainable mining business conference.
“Mining, done responsibly and transparently in line with the highest international environmental and social standards, can be a successful investment and be of benefit to the Armenian people,” said Ambassador Richard M. Mills, Jr. in his opening remarks.
Sustainable mining, using the latest technology and equipment, he said, can be safe for mining workers and can protect Armenia’s environment.
“Today we’re focusing on the mining sector, because as you know, it is one of the leading sectors in the Armenian economy and a major contributor to the GDP and the country’s exports. Mining represents real opportunities for Armenia,” said Ambassador Mills. “And these opportunities are not just ideas on paper; there are successful mining enterprises that are already in operation and looking to expand. We want to see them grow, and at the same time preserve the country’s natural beauty, invest in the communities where they operate, and protect their workforce.”
The ambassador also said the United States is doing whatever is necessary to attract investments to Armenia and to expand trade ties between the countries.
He expressed confidence that American investors will come to Armenia. He said that he sees some progress in struggle against corruption and that the U.S. embassy intends to continue assisting Armenia in this struggle.
The goal of the conference was to connect Armenian mine operators with well-known U.S. companies that offer products and services that ensure greater mine productivity, employee safety, and nature protection. Representatives from seven leading U.S. companies and 35 Armenian mining companies attended the event.
The conference was designed to strengthen the growing commercial ties between the United States and Armenia by introducing leading American businesses to Armenian mining sector operators, and by giving the American companies the opportunity to showcase the latest technological advances in the field. --0--
“Mining, done responsibly and transparently in line with the highest international environmental and social standards, can be a successful investment and be of benefit to the Armenian people,” said Ambassador Richard M. Mills, Jr. in his opening remarks.
Sustainable mining, using the latest technology and equipment, he said, can be safe for mining workers and can protect Armenia’s environment.
“Today we’re focusing on the mining sector, because as you know, it is one of the leading sectors in the Armenian economy and a major contributor to the GDP and the country’s exports. Mining represents real opportunities for Armenia,” said Ambassador Mills. “And these opportunities are not just ideas on paper; there are successful mining enterprises that are already in operation and looking to expand. We want to see them grow, and at the same time preserve the country’s natural beauty, invest in the communities where they operate, and protect their workforce.”
The ambassador also said the United States is doing whatever is necessary to attract investments to Armenia and to expand trade ties between the countries.
He expressed confidence that American investors will come to Armenia. He said that he sees some progress in struggle against corruption and that the U.S. embassy intends to continue assisting Armenia in this struggle.
The goal of the conference was to connect Armenian mine operators with well-known U.S. companies that offer products and services that ensure greater mine productivity, employee safety, and nature protection. Representatives from seven leading U.S. companies and 35 Armenian mining companies attended the event.
The conference was designed to strengthen the growing commercial ties between the United States and Armenia by introducing leading American businesses to Armenian mining sector operators, and by giving the American companies the opportunity to showcase the latest technological advances in the field. --0--
