Nerses Yeritsyan: Armenian-Spanish Collaboration Is Not Used To Its

NERSES YERITSYAN: ARMENIAN-SPANISH COLLABORATION IS NOT USED TO ITS FULL POTENTIAL

/PanARMENIAN.Net/
09.09.2009 17:59 GMT+04:00

/PanARMENIAN.Net/ Armenian-Spanish collaboration is not used
to its full potential, RA Economy Minister Nerses Yeritsyan
believes. According to him, product turnover between the two
countries comprised about USD 8 million in 2009. "This is a low index,
compared with other EU states, still there’s a potential for economic
collaboration development," he noted.

According to the Minister, Spain has a rather diversified and
dynamically developing economy and Valencia’s entrepreneurs are
interested in the search of new markets. Yeritsyan noted that
Spanish entrepreneurs’ visit to Armenia is of introductory character,
still it’s possible further discussions will result in conclusion
of agreements.

The government is interested in offering assistance to entrepreneurs in
their attempt to enter new markets, and find new opportunities. "The
business forum will become a great opportunity to present
collaboration and business development perspectives in Armenia to
Spanish entrepreneurs."

As the Minister reported, Armenia is importing ceramics and sea
products from Spain and exporting raw material. There are a few
Armenian-Spanish enterprises in Armenia , some of them based on
Spanish capital stock.

Yerevan is hosting Armenian-Spanish business forum, with Armenian and
Spanish representatives of industry, telecommunications, information
technologies, tourism, construction and energetics among forum
participants.

During their visit, Spanish entrepreneurs met RA Economy Minister
Nerses Yeritsyan, Transportation Minister Gurgen Sargsyan and Municipal
Engineering Minister Vardan Vardanyan to discuss programs implemented
in government-private sector collaboration framework, as well as
investment opportunities.