Ambassador of Italy: A lot of companies have expressed intention to invest in Armenian economy

Arminfo, Armenia
Ambassador of Italy: A lot of companies have expressed intention to invest in Armenian economy

Yerevan June 21

Naira Badalian. The Minister of Transport, Communications and Information Technologies of Armenia Ashot Hakobyan and the Italian Ambassador to Armenia Vincenzo Del Monaco discussed today prospects of Armenian-Italian cooperation in various sectors of the economy of Armenia. According to the press service of the Armenian Ministry of Transport, Ashot Hakobyan stressed the importance of the involvement of Italian leading companies in various programs implemented in Armenia.

The Minister expressed satisfaction with the participation of Italian speciaists in the road consturction in Armenia. Hakobyan mentioned the improtance of their participation int he upcoming projects of road construction. The Ambassador in turn expressed readiness to exert all the efforts for enlarging economic ties between the two countries. According to him, the feedback from Italian specialists about Armenia is so positive that a lot of companies have expressed intention to invest in the Armenian economy, participating in implementaion of various economic programs.

To note, according to the Armenian Statistics trade turnover between Armenia and Italy totaled $200 mln in 2017 versus $160,6 mln in 2016. The export totaled $37mln, import $163 mln.

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/2018/06/24/ambassador-of-italy-a-lot-of-companies-have-expressed-intention-to-invest-in-armenian-economy/

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS