Kocharian asks more investments to Italy

Agenzia Giornalistica Italia, Italy
Jan 28 2005

ARMENIAN PRESIDENT ASKS MORE INVESTMENTS TO ITALY

(AGI) – Rome, Jan. 28 – The country presentation on the opportunities
of collaboration and investment with the Armenian Republic took place
in Rome, in the premises of the National Institute for Foreign Trade
(ICE) today. President of the Republic of Armenia, Robert Kocharian,
took part in the meeting. He is in state visit in Italy. He is
accompanied by commerce and economical development minister, Karen
Chshmaritian, agriculture minister, David Lokyan, and high officials
of the country. Foreign undersecretary, Giampaolo Bettanio and ICE
chairman, Beniamino Quintieri, took part in the meeting too. The
meeting was aimed at giving a global economic outline of Armenia.
This country had a constant economic and industrial development
starting from 1991 when it became independent. The Armenian
government stimulates foreign investors to invest in the country
treating them as local entrepreneurs. So Armenia is one of the
countries that are more open to foreign investments. There are
different areas and sectors that are interesting for Italian
enterprises: the building sector, the food industry sector, the
textile sector and the tourist industry sector. Italy has a tradition
of excellence in these sectors.