ARMENIA, LEBANON AGREE BILATERAL TRADE MEASURES
The Daily Star
Dec 10 2011
Lebanon
BEIRUT: Armenia and Lebanon agreed to take joint measures to promote
bilateral trade, Armenian President Serzh Sargsyan said Friday at
a joint press conference with his visiting Lebanese counterpart
President Michel Sleiman.
The Armenian news agency ARKA quoted Sargsyan as saying: ~SToday,
Lebanon is the fifth largest investor in Armenia. Nevertheless,
we are still far from satisfying indicators.~T
According to Sargsyan, Lebanon and Armenia had already signed a
great number of cooperation agreements, but the president pointed out
that ~Stoday we have added seven more, many of which are agreements
governing economic cooperation.~T
According to official statistics, the volume of Lebanese investments
in Armenia in January-September 2011 amounted to nearly $7.5 million,
falling by 29 percent from the same period last year. In a separate
meeting, Armenian Economy Minister Tigran
Davtyan discussed bilateral economic relations with Lebanon~Rs Industry
Minister Vrej Sabounjian and Tourism Minister Fadi Abboud.
From: Emil Lazarian | Ararat NewsPress
Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2011/12/10/armenia-lebanon-agree-bilateral-trade-measures/
