BELGIUM TO OPEN DOOR TO EUROPE FOR ARMENIA

/PanARMENIAN.Net/
26.05.2009 15:41 GMT+04:00

Belgium can become a logistics region for Armenia and will open a
door to Europe, told to journalists Phillip Syunen, General Director
of Valloni Belgian state’s Agency for external trade and investments.

According to him, the program supported by UNIDO and aimed at
intensifying Armenian-Belgian business cooperation was discussed in
the framework of two-day Armenian-Belgian business forum.

"The program projects export promotion of Armenian goods to Russian
and European markets. Belgium can open a door to Europe for Armenia,"
stressed Phillip Syunen.

According to Mr. Syunen, Armenian and Belgian entrepreneurs discuss a
100 thousand euro worth cooperation program aimed at market research
of the two countries. 10 enterprises from each side will be involved
in the 6-month program. UNIDO and Valloni Belgian state’s Agency for
external trade and investments will support the program. According
to Mr. Syunen, the program will involve food, information technology,
agriculture, precious metals industries.

In 2008 Belgian direct investments to Armenia comprised USD 3,6
million, exceeding 2007 level by 2,5 per cent, over the last year
trade turnover reached USD18, 65 million, exports comprised USD 9,1
million, while imports USD 9,5 million.

Belgian delegation comprising representatives of 11 companies
headed by General Director of Valloni Belgian state’s Agency for
external trade and investments, Phillip Syunen pays a two-day visit
to Yerevan. Armenia is represented by ADA Director General, Robert
Harutyunyan and Commercial Attache of Belgian Embassy in Russia
Ivan Korsak.

From: Emil Lazarian | Ararat NewsPress