Free economic zones in Armenia can catch interest of Russian entrepreneurs

Free economic zones in Armenia can catch interest of Russian entrepreneurs

PanARMENIAN.Net - Free economic zones being created in Armenia can catch the interest of Russian entrepreneurs, according to RA Economy Minister Nerses Yeritsyan.

“Free economic zone may give renewed impetus to bilateral relations,” he said during an Armenian-Russian business forum on December 6.

“About joint 1200 enterprises operate in various sectors of economy, mostly in Moscow, Yaroslavl and Nizhny Novgorod. I hope that the list will expand, the more so because the Armenian government continues implementation of large-scale reforms to improve the business environments,” the Minister said.

He also noted that high technology, electric power, instrument engineering, jeweler’s art, diamond cutting, education and healthcare are among priority trends of Armenian-Russian cooperation.

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