Milan Most Likely To Host Italian-Armenian Business Forum Next Autum

MILAN LIKELY TO HOST ITALIAN-ARMENIAN BUSINESS FORUM NEXT AUTUMN

Armenpress
Oct 06, 2005

YEREVAN, OCTOBER 6, ARMENPRESS: Armenian ambassador to Italy, Ruben
Shugarian, told an Armenian-Italian business forum in Yerevan today
that Italy’s industrial and financial center, Milan, is likely to
host in 2006 autumn an Italian-Armenian business forum, which may be
attended also by businessmen from Spain and Portugal.

Italian industrial activities minister Adolpho Urso said he had
outlined several initiatives during a meeting with Armenian trade and
economic development minister Karen Chshmaritian. He also expressed
hope that this conference will lay the foundation of establishment of
an Italian-Armenian trade chamber. Italian ambassador, Marco Clemente,
said Italy’s foreign trade representation in Moscow will open a branch
in Yerevan in several months.

According to official statistics, there are now 33 joint
Armenian-Italian ventures in Armenia, which have invested a total of
$13 million in Armenia’s economy.