Business Armenia secured $14 mln investment pledges over past yearMarch 6, 2019 - 11:18 AMT PanARMENIAN.Net - 35 foreign representatives of Business Armenia in 24 countries ensured investment memoranda of $14 million in the past year, the agency revealed on Tuesday, March 5. Investments secured through the efforts of the agency's U.S. and Canadian representatives will be sent to Armenia's real estate and hotel business sectors. For now, business plans are being developed. The representatives of Finland, Poland, France, U.S. and Lebanon, meanwhile, have helped several Armenian companies sign contracts for export or outsourcing. Outbound business missions were organized with the assistance of representatives from Lebanon, U.S., Canada, Switzerland, UAE, Portugal, France, Egypt, Lithuania, China during which conferences and B2B meetings with Armenian and foreign companies were held, and business arrangements were reached. “Foreign Representatives of Business Armenia also make a great job on a daily basis by introducing our investment climate to business circles, making Armenian products recognizable. They are free-funded, non-budgeted and dedicated to our country whose work is indefatigable and deserves recognition,” said Alina Yeghiazaryan, Institutional Cooperation Manager at Business Armenia. 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 | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |