Armenian, Russian businessmen mull investments in PhilippinesMarch 19, 2012 - 12:06 AMT PanARMENIAN.Net - Philippines’ Foreign Secretary Albert del Rosario has invited rich Russian businessmen to invest in the government’s Public-Private Partnerships (PPP) Program. He also encouraged all Russians to enjoy summer in the Philippines amid the winter chills in Europe, Business Mirror reported. Speaking before a gathering of Russian government officials, key Russian and Armenian businessmen, del Rosario said the Philippines has improved its investment environment by easing business requirements. The country also has a sound economic policy and rich human resources, he informed his audience. He said Russian businessmen could invest in the Philippines’s priority sectors such as infrastructure, agribusiness, business-process outsourcing, mining, tourism, creative industries, and medical travel. The chief diplomat met with Russian Foreign Minister Sergey Lavrov in the Russian capital, Moscow from March 12 to 14 during the commemoration of the 35th anniversary of the establishment of diplomatic relations between the Philippines and Russia, according to a press release of the foreign office. During their meeting, del Rosario and Lavrov discussed measures to deepen and strengthen Philippine-Russian relations in various fields.   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 |  Latest news Turkey extends military presence in Azerbaijan  The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops.Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skillsArmenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi ArabiaPashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |
