May 3, 2005 - 12:24 AMT
ARMENIA-INDIA: ADVANTAGES OF INVESTING IN ARMENIAN ECONOMY
Armenian Ambassador to India Ashot Kocharian noted the advantages of making investments in the Armenian economy and specifically accentuated that sustainable economic development, the legal framework, the availability of the professional labor force, as well as the active involvement of the Armenian Government in implementation of economic and structural reforms promotes it. As reported by the Press service of the Armenian Foreign Ministry, Ashot Kocharian stated it in the course of the interactive sitting of the Federation of the Indian Export Organizations, held in Mumbai town, that was devoted to questions of expansion and intensification of commercial relations between India and Armenia. In the course of the meeting the Armenian Ambassador provided detailed information on the economic development, investment policy, legal framework, the opportunities of development of tourism in Armenia, as well as the potential of development of the commercial and economic cooperation between Armenia and India.