Saudi Arabia Envisages To Study Investment Possibilities Of Armenia

SAUDI ARABIA ENVISAGES TO STUDY INVESTMENT POSSIBILITIES OF ARMENIA

Noyan Tapan
March 17, 2008

YEREVAN, MARCH 17, NOYAN TAPAN. Robert Kocharian, the President of
the Republic of Armenia, received Alualid bin Talal bin Abdul Aziz
al Saudi and Amira, the Prince and Princess of the Kingdom of Saudi
Arabia, on March 15.

According to the message provided to Noyan Tapan by the RA President’s
Press Office, Robert Kocharian said that Armenia has too warm,
expanded and multifoliated relations with many countries of the
Arabian world. In these relations he attached a special importance
to the constructive role of the local Armenian community.

The Prince of the Saudi Arabia stressed his warm feelings towards
the Armenian people and mentioned that he has numerous Armenian
friends. He said that being interested in Armenia, he aims at studying
the investment possibilities of the country, in particular, in the
spheres of tourism and hotel business.

Mentioning that the spheres they are attracted by are the supreme
directions for the development of the economy of Armenia, Robert
Kocharian said that there will, certainly, be a readiness for a
serious cooperation by the government.