YEREVAN, OCTOBER 20, ARMENPRESS. The Mantashyants Entrepreneurs Union  has opened its 12th branch in Shenzhen, China. 

Dozens of businessmen and representatives of state institutions from both Armenia and China attended the official opening ceremony of the branch.

Minister of Economy of the Republic of Armenia Vahan Kerobyan, Ambassador Extraordinary and Plenipotentiary of the Republic of Armenia to the People's Republic of China Sergey Manassarian,  Armenia's Trade Attache to China Koryun Ghazaryan were also in attendance.

During the official opening, Minister Kerobyan highlighted the role of Mantashyants Entrepreneurs Union in strengthening Armenia-China business ties.

Having a strong Armenian business potential in Shenzhen, it will also contribute to the revitalization of the local Armenian community and will form new business ties in 12 cities around the world.

As the president of “Mantashyants” GM Vahram Mirakyan noted, China is Armenia's third trade and industrial partner, so the branch opened in Shenzhen will surely promote business development and increase turnover in Armenia.

‘’For the first time in Shenzhen, we have opened Mantashyants Investor member, which will give foreigners an opportunity to become members of the club, work and invest in the Armenian market," added Vahram Mirakyan.