ARMENWAL BUSINESS PROGRAM LAUNCHED
news.am
April 26 2010
Armenia
The Armenian-Belgium Chamber of Commerce and business promotion
agencies of Armenia and Wallonia, Belgium, plan to implement the
ArmenWal business program, the press service of the RA Foreign Office
told NEWS.am.
The program will be implemented in several stages. At the first stage
Armenian and Belgian organizations interested in joint production and
other types of cooperation will be selected. With this end in view,
at a special conference held in Belgium businessmen from Wallonia
were informed of the details of the ArmenWal program and of the
Armenian economy. The sides discussed the possibilities of joint
business projects.
Among the participants were the RA Trade Representative to EU and
the Director General of the Armenian Development Agency.
A workshop will be held in Brussels on June 3 to sum up the preparatory
work, and the companies will discuss further steps.
Wallonia Foreign Trade and Investment Agency (AWEX) and UNIDO will
sponsor the program. The RA Embassy in Belgium will assist the program.
Armenia is the only Transcaucasian state involved in the ArmenWal
program. The aim of the program is the establishment of joint
ventures with Belgian investments and the activities that would
enable the sale of joint products to Russia, Ukraine and the other
CIS member-countries.