ROA PRIME MINISTER HOSTS SWEDISH TRADE DELEGATION

20 09/04/03 | 10:48

Economy

Prime Minister Tigran Sargsyan hosted a delegation headed by Sweden’s
State Secretary for Trade Gunnar Wislander. PM Sargsyan expressed
hope that this visit of the State Secretary-led delegation will boost
economic and political exchanges between the two countries.

Mr. Sargsyan stated that he was informed about the meetings and
discussions the Swedish delegation has had with Armenian public
and private sector representatives under the visit program and he
underscored Armenia’s readiness to develop the Armenian-Swedish
interaction in both bilateral and EU-Armenia formats.

In presenting development possibilities in Armenia amidst a quickly
evolving world, the PM stated he was convinced that once supported
by the European Union and other partners, Armenia will be able to
overcome not only those temporary hardships coming from the global
crisis, but also any eventual long-term challenges ahead.

With reference to bilateral economic ties, Tigran Sargsyan highlighted
the ongoing cooperation with the OMX which as effective since January,
2008 when the OMX was entrusted with the management of Armenia’s
Stock Market and Central Depository is seen as the key to Armenia’s
aspiration for becoming a regional financial center.

Tigran Sargsyan said to be hopeful that the successful record of a
mutually beneficial cooperation with the OMX will encourage other
Swedish investors to invest in our country.

Gunnar Wislander stated that Armenian-Swedish cooperation,
both bilateral and in the EU-Armenia format, has great growth
potential. Welcoming the Armenian government’s growth-targeting
ambitious programs and undertakings, the Swedish State Secretary
assured that his country is ready toassist Armenia with its efforts.