ARMENIA’S ECONOMIC DEVELOPMENT TO PAVE WAY FOR ITS INTEGRATION INTO EUROPE-POLISH PRESIDENT

news.am
July 29, 2011
Armenia

YEREVAN. – The trade turnover between Armenia and Poland makes U.S.

$32 million, which is a small index for the existing potential,
Armenian President Serzh Sargsyan stated with his Polish counterpart
and Armenian and Polish businessmen in Yerevan on Thursday.

Welcoming the participants of business forum, Sargsyan stressed
such kind of meetings, forums and round tables give an opportunity
to establish business ties and seeking news ways for bilateral
cooperation. Significant work should be done for trade and economic
relations to reach the level of political, cultural cooperation
between two countries, the president added.

Two sessions of intergovernmental commission on economic cooperation
were held in Yerevan and Warsaw respectively.

He stressed free trade zones open in Armenia, which gives businessmen
an opportunity to implement innovative projects.

According to the Armenian leader, the two states have a great potential
of collaboration in agriculture, industry, construction, light industry
and tourism.

In his turn, the Polish President stressed he would like the mutual
economic cooperation to reach the level of current Armenian-Polish
political relations. Komorowski believes that Armenia follows a good
course of economical development and it would pave the way for its
integration into Europe. He expressed confidence in parallel with
Armenia’s further development, more conditions will be created for
investments, including Polish ones.