Toyota to open representation in Armenia

Armenpress
TOYOTA TO OPEN REPRESENTATION IN ARMENIA
TOKYO, JUNE 8, ARMENPRESS: A Japanese delegation representing Japanese
small and medium-sized businesses and Japan’s International Cooperation
Agency is now in Armenia to explore ways for opening a representation of
Toyota company in Armenia as well as to examine on the ground Armenia’s
investment legislation and environment.
Japanese companies are particularly interested in establishing
partnership relations with Armenian agricultural processing industry and
high technology sector. Hrant Poghosian, a professor at Tokyo’s
International Christian University, who is also chairman of
Armenian-Japanese Association, told members of the Armenian delegation,
visiting Japan, negotiations are underway with Japanese Sumitomo company in
search of opportunities to start joint ventures.
During a meeting today with prime minister Andranik Margarian members of
the Association emphasized a June 24 Armenian-Japanese business forum to be
held in Moscow. The Armenian-Japanese Association has around thirty members,
including private businessmen and leading companies, such as Sumitomo and
Mitsubishi. Prime minister Margarian and Japanese officials signed today in
Tokyo an agreement on Armenian-Japanese technical cooperation.
From: Emil Lazarian | Ararat NewsPress