ARMENIA-SWEDEN BUSINESS SEMINAR KICKS OFF

ARMENPRESS
Apr 2, 2009

YEREVAN, APRIL 2, ARMENPRESS: Armenia-Sweden business seminar kicked
off today in Yerevan with the participation of delegation headed by
State Secretary of Sweden on Trade Affairs Gunnar Wieslander which
arrived in Armenia for April 1-3.

During the two-day seminar the Armenian side will present to the
foreign partners the economic situation in Armenia, the participants
will discuss programs, issues on energy, environment protection,
information technology.

The Swedish delegation consists of representatives of "ABB"
(infrastructure sphere), "Ericsson" (telecommunication and
infrastructure sphere), "SEK-Swedish Export Credit Corporation"
(finances and subsidies spheres), "EKN" (finances and investments)
and other well-known companies.

Armenian Economy Minister Nerses Yeritsian greeted the participants
and wished them mutually beneficial cooperation. According to him,
the main goal of the gathering is to promote the interest of foreign
companies in making investments in Armenia.

N. Yeritsian assured that there is an opportunity to start cooperation
in infrastructures, IT, telecommunication, energy, and especially in
restoring energy spheres.

In Armenia two companies are functioning with the Swedish capital –
"NASDAQ OMEX Armenia" and "Atlas Kopko Central Asian" company’s
Armenian branch.

N. Yeritsian also noted that the volume of trade turnover between
Armenia and Sweden is too small yet.