Over 130 Italian companies operating in Armenia now - premier
09.11.2016,
11:08
Karen Karapetyan, Armenian prime minister, received Minister of Foreign Relations and International Cooperation of Italy Paolo Gentiloni on Tuesday, the press office of the Armenian government reports.
YEREVAN, November 9. /ARKA/. Karen Karapetyan, Armenian prime minister, received Minister of Foreign Relations and International Cooperation of Italy Paolo Gentiloni on Tuesday, the press office of the Armenian government reports.
“Noting that Italy is a friendly country for Armenia, the Prime Minister said to be pleased with the high level of political dialogue between the two countries,” the press office reports. “The Premier underscored that trade and economic relations fall short of the existing opportunities, and expressed confidence that there is much greater potential for further development.”
The Armenian premier stressed that continued reforms, increased exports and a better business environment are among the priorities of the government program. In this context, he said his government is going to forward a variety of investment programs and initiatives to foreign partners through diplomatic channels that may be of interest to Italian investors.
“Noting that over 130 Italian companies are currently operational in Armenia, Karen Karapetyan stressed that there are vast opportunities for cooperation in other sectors of the economy,” the government reports in its press release. “Highlighting the need to expand trade and economic ties, Paolo Gentiloni pointed out that bilateral cooperation covers several investment programs, including the project of construction of a thermal power plant in Armenia. The Ambassador agreed that there are favorable conditions in place for cooperation in different sectors of the economy.”
In this context, the parties stressed the importance of creating an intergovernmental commission, noting that it could help strengthen business relations, as well as discuss and implement specific investment projects.
Paolo Gentiloni welcomed the reforms implemented by the Government of Armenia, noting that Armenia’s investment attractiveness was also due to its membership of the Eurasian Economic Union. During the meeting, the parties also spoke about EU-Armenia interaction. --0---
“Noting that Italy is a friendly country for Armenia, the Prime Minister said to be pleased with the high level of political dialogue between the two countries,” the press office reports. “The Premier underscored that trade and economic relations fall short of the existing opportunities, and expressed confidence that there is much greater potential for further development.”
The Armenian premier stressed that continued reforms, increased exports and a better business environment are among the priorities of the government program. In this context, he said his government is going to forward a variety of investment programs and initiatives to foreign partners through diplomatic channels that may be of interest to Italian investors.
“Noting that over 130 Italian companies are currently operational in Armenia, Karen Karapetyan stressed that there are vast opportunities for cooperation in other sectors of the economy,” the government reports in its press release. “Highlighting the need to expand trade and economic ties, Paolo Gentiloni pointed out that bilateral cooperation covers several investment programs, including the project of construction of a thermal power plant in Armenia. The Ambassador agreed that there are favorable conditions in place for cooperation in different sectors of the economy.”
In this context, the parties stressed the importance of creating an intergovernmental commission, noting that it could help strengthen business relations, as well as discuss and implement specific investment projects.
Paolo Gentiloni welcomed the reforms implemented by the Government of Armenia, noting that Armenia’s investment attractiveness was also due to its membership of the Eurasian Economic Union. During the meeting, the parties also spoke about EU-Armenia interaction. --0---
