COOPERATION IN INFORMATION TECHNOLOGIES AND PHARMACEUTICAL SECTORS TO BE MAIN SUBJECT OF DISCUSSION AT ARMENIAN-EGYPTIAN BUSINESS FORUM
Author: Editor: Eghian Robert
Noyan Tapan
Apr 13 2007
YEREVAN, APRIL 13, NOYAN TAPAN. A business forum with the participation
of 21 businessmen from the Armenian side will be held within the
framework of the visit to be paid by the Armenian president Robert
Kocharian to Egypt on April 14-15. Mushegh Sargsian, Deputy Director
for Enterprise Development and Export of the Armenian Development
Agency (ADA), stated this on April 13.
According to him, the RA Minister of Trade and Economic Development
Karen Chshmaritian is envisaged to present the macroeconomic
situation in Armenia during the business forum, while Director
General of ADA Vahagn Movsisian will speak about Armenia’s investment
environment. Besides, considerable printed material about the Armenian
economy has been sent to Egypt.
M. Sargsian reminded that the forum to be held is not the first step
aimed at economic cooperation with the Egyptian side: particularly,
an exhibition of Armenian production was held in Cairo three years
ago. However, in his words, due to the current regimes of agricultural
production export to Egypts, Armenian agricultural products cannot
be sold at compatitive prices on the Egyptian market.
M. Sargsian said that both Egypt and Armenia have developed IT and
pharmaceutical sectors, and issues of Armenian-Egyptian cooperation
in these sectors will mainly be discussed at the business forum.