Arminfo, Armenia



French entrepreneurs interested in implementing investment programs in Armenia

Yerevan June 20

Alina Hovhannisyan. French entrepreneurs are interested in
implementing investment programs in Armenia, taking into account the
possibility of exit through Armenia to the markets of the EAEC
countries. This was stated by members of the France-Armenia
parliamentary friendship group during a meeting with Prime Minister
Nikol Pashinyan.

As the press service of the government reports, Jacques Marilossian,
who headed the group of French deputies, noted that positive changes
are felt in the country, including in the business environment. He
noted that the evidence of this is the opinion of French entrepreneurs
doing business in Armenia.

"I am confident that the changes will attract new investments to
Armenia from France. Any foreign investor in our country will not have
any problems and should work in equal conditions. We are aware of the
great responsibility that has been assumed by the people, and in this
regard we hope for the assistance of our external partners interested
in the economic and democratic development of Armenia, "the prime
minister said.

At the same time, Pashinyan noted that the parliamentary diplomacy
plays an important role in the Armenian-French relations and expressed
hope that the bilateral cooperation will continue to deepen at various
international venues. The prime minister, recalling Armenia's
transition to a parliamentary form of government, in this connection
stressed the importance of strengthening inter-parliamentary ties.

Speaking about the Francophonie, which will be held this fall in
Yerevan, the premier assured that the event will be held at a high
level.

According to the source, during the meeting the parties discussed a
number of issues related to the development of the Armenian-French
cooperation in the economic, educational and cultural spheres.

According to the Armenian National Statistical service data, the
foreign trade turnover between Armenia and France in 2017 was $ 82.1
million, with an annual growth of 44.6%. In particular, exports
increased by 17% to $ 4.5 million, with imports increasing by 46.6% to
$ 77.6 million.