Papa John’s, Domino’s eager to enter Armenian marketSeptember 5, 2018 - 12:02 AMT PanARMENIAN.Net - Papa John’s Pizza, Baskin Robbins and Domino’s Pizza are eager to enter the Armenian market, according to a press release from the U.S. embassy in Armenia. The Embassy and the U.S. Commercial Service in Moscow, in partnership with IDBank, organized the one-day conference focused on franchise business opportunities. The event is part of an ongoing effort to foster trade and investment between the United States and Armenia. The conference gave participants rare and valuable early access to well-known American brands eager to enter the Armenian market. “I know there are many success stories waiting to be written here today,” Ambassador Richard M. Mills, Jr. said at the event’s opening. “It is my hope that we, at the U.S. Embassy, can set the stage for success by connecting Armenian and American companies. Then we can step back and let you do what you do best and build your businesses.” The franchise conference brought U.S. and Armenian businesses together, helping to forge new partnerships in various sectors, including hospitality, retail, and tourism. More than 50 Armenian business leaders and government officials attended the conference, along with representatives from three U.S. corporations: Papa John’s Pizza, Baskin Robbins, and Domino’s Pizza. The American business representatives presented their franchise concepts and learned about the Armenian business environment. Along with presentations from each of the American franchise businesses, participants heard from well-known Armenian organizations about business, financial, and legal considerations, including the importance of intellectual property rights as franchising in Armenia develops further. The event builds on the success of a similar event in 2015 which resulted in Tutti Frutti Frozen Yogurt opening two franchises with local partners in the region. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |