Lebanese PM Initiator Of Lebanese Investments In Armenia

LEBANESE PM INITIATOR OF LEBANESE INVESTMENTS IN ARMENIA

ARKA News Agency, Armenia
July 27 2007

YEREVAN, July 27. /ARKA/. Lebanese prime minister Fuad Signora said
that he is one of the initiators of Lebanese investments in Armenia.

"I am one of the inspirers of Lebanese companies, including famous
"Biblos" bank, coming to Armenia. I am sure that the time will
come when Armenia will become one of the best economic partners,
and Lebanon, in his turn, will become getaway for Armenia to the big
Arabian world," said Signora during his interview to the Armenian
Public TV, Beirut.

He pointed out that Armenia will be the first country that he will
visit after the settlement of domestic policy crisis in Lebanon.

Signora also pointed out that the Armenian community in Lebanon
contributes to the strengthening of bilateral relations.

"The Armenian community demonstrated itself in the best light, and made
an important contribution to building up Lebanese statehood," he said.

Earlier CBA Chairman Tigran Sargsyan said that in 2007 the CBA received
7 applications from 7 foreign banks – from German, Austria, Holland,
Lebanon and Russia on implementing banking field in Armenia.

He pointed out that the negotiations with the Lebanese bank Biblos
are on the closing stage.