France Can Play Considerable Role In Economic Development Of Armenia

FRANCE CAN PLAY CONSIDERABLE ROLE IN ECONOMIC DEVELOPMENT OF ARMENIA

ARKA News Agency
Oct 26 2007
Armenia

YEREVAN, October 26. /ARKA/. France can play considerable role
in economic development of Armenia, the Prime-Minister of France
Francois Fillon said at his meeting with the Armenian counterpart
Serge Sargsian in Paris yesterday. At the meeting the Prime-Minister
of France expressed satisfaction with Armenian-French friendly ties
and considered the bilateral cooperation in politics, culture and
local government as excellent.

The economic cooperation between the countries is progressing, but
still yield to the level of the relations in other areas, Fillon
said. Armenia’s Prime-Minister, in his turn, stressed the dynamics of
bilateral economic ties and the volume of French capital growing from
year to year in Armenia. He pointed out successful activities of a
number of major French companies, particularly "Alcatel", "Veolia",
"Saur", "Pernod Rickard", "Credit Agricole", Air France", on the
Armenian market. Armenia’s Prime-Minister expressed hope that the
Prime-Minister of France will assist in attracting new French companies
to the Armenian market and pointed out the possibility of implementing
joint projects in the fields of information technologies, insurance,
banks and service, healthcare and pharmaceutical industry. The
Prime-Minister of France promised to give instructions to start
the work on mutually advantageous proposals provided by Armenia’s
Premier. The heads of the two countries also discussed the situation
in the Caucasus region, the Karabakh peace process within the OSCE
Minsk Group and issues of the upcoming presidential election in
Armenia. Armenia’s Prime-Minister invited his French counterpart to
visit Armenia. The invitation was accepted with gratitude. Sargsian
also met with the Secretary General of governing Union for a Popular
Movement party of France Patrick Devejian. The sides discussed the
expansion of cooperation and development of relations in various
fields. The Prime-Minister of Armenia is to meet with the President
of France Nicolas Sarkozy.