REPRESENTATIVE OF SWEDISH TRADE COUNCIL: OUR VISIT TO ARMENIA IS FACT-FINDING BUT NOT THE LAST ONE

ArmInfo
2009-04-02 14:38:00

ArmInfo. ‘Our visit to Armenia is a fact-finding one, however, it will
not be the last one’, representative of the Swedish Trade Council
to Kiev, Helen Gustafsson, told ArmInfo during the Armenian-Swedish
business-forum in Yerevan.

To recall, the visit to Armenia was preceded by the similar visit to
Tbilisi. ‘Armenia and Georgia are new countries for Sweden and the
Swedish business, so our visit is of the fact-finding nature, based
on which the main topics of our meeting include the general economic
state of Armenia, in particular, in the sphere of infrastructures,
energy and IMF programmes. On the second day, we are going to hold a
more detailed discussion on the economic legislation and opportunities
of having business in your country’, H. Gustafsson said. According to
her, a number of representatives of Swedish companies, including ABB
Group (equipment for the power systems), ITT (production of water
pumps, equipment for their control and astewater treatment), Sapa
(aluminum profiles), WSP (mooring facilities) and Swedfund (venture
fund of the Swedish government) are taking part in the seminar. She
could not mention the volumes of the Swedish investments in Armenia
upon the results of the meeting. ‘Everything will depend on the
agreements of specific companies with the Armenian counterparts’,
she said. As for the activity of NASDAQ-OMX in Armenia, H. Gustafsson
said they performed huge and high-quality work.

She hopes their activity will further contribute to development of
the financial market in Armenia’.