SHEIKH SAUD HOLDS TALKS WITH ARMENIAN DEPUTY PRIME MINISTER

AME Info

Jan 14 2009
United Arab Emirates

H.H. Sheikh Saud bin Saqr Al Qasimi, Crown Prince and Deputy Ruler
of Ras Al Khaimah, received Armen Gevorgyan, Deputy Prime Minister
of Armenia, and an accompanying delegation who called on him at the
Al Dhait Palace.

During the meeting, they reviewed bilateral relations between Ras
Al Khaimah and Armenia and discussed ways to further bolster mutual
cooperation. Both the leaders examined opportunities for strengthening
cooperation in trade and investments and reviewed the progress in the
implementation of various bilateral partnerships initiated between
Armenia and Ras Al Khaimah.

‘It is very encouraging to see that bilateral relations between Ras
Al Khaimah and Armenia have been on the upswing in recent years as a
result of frequent high- level visits and closer interaction between
the business communities. The progress we have achieved has to be
carried forward and I believe there is tremendous opportunity for
further enhancing the scope of business and investment partnerships,’
Sheikh Saud said.

Armen Gevorgyan hailed the rapid development of business ties between
Ras Al Khaimah and Armenia and said that his country greatly valued
the development of closer ties with Ras Al Khaimah, including greater
interaction between business communities of the two regions.

RAK Minerals and Metals Investments (RMMI) had last year announced
the acquisition of Armenian mining firm TSCC Armenia and plans to
set up a concentrate plant in the country. Other Ras Al Khaimah-
based entities have also evinced interest to venture into property,
real estate, construction and other sectors in Armenia.

Sheikh Omar bin Saqr Al Qasimi, Chairman of RAK Ruler’s Private Affairs
Department, Sheikh Faisal bin Saqr Al Qasimi, Chairman of RAK Finance
Department and RAK Free Trade Zone, Sheikh Salem bin Sultan Al Qasimi,
Chairman of RAK Civil Aviation, Dr. Khater Massaad, Advisor to RAK
Crown Prince and CEO of Ras Al Khaimah Investment Authority (RAKIA),
and a number of officials were present at the meeting.

For further information: K R Rajeev Media and Communications Office
Government of Ras Al Khaimah Off: 0097172289421