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ArmenWal Business Program Launched

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  • ArmenWal Business Program Launched

    ARMENWAL BUSINESS PROGRAM LAUNCHED

    news.am
    April 26 2010
    Armenia

    The Armenian-Belgium Chamber of Commerce and business promotion
    agencies of Armenia and Wallonia, Belgium, plan to implement the
    ArmenWal business program, the press service of the RA Foreign Office
    told NEWS.am.

    The program will be implemented in several stages. At the first stage
    Armenian and Belgian organizations interested in joint production and
    other types of cooperation will be selected. With this end in view,
    at a special conference held in Belgium businessmen from Wallonia
    were informed of the details of the ArmenWal program and of the
    Armenian economy. The sides discussed the possibilities of joint
    business projects.

    Among the participants were the RA Trade Representative to EU and
    the Director General of the Armenian Development Agency.

    A workshop will be held in Brussels on June 3 to sum up the preparatory
    work, and the companies will discuss further steps.

    Wallonia Foreign Trade and Investment Agency (AWEX) and UNIDO will
    sponsor the program. The RA Embassy in Belgium will assist the program.

    Armenia is the only Transcaucasian state involved in the ArmenWal
    program. The aim of the program is the establishment of joint
    ventures with Belgian investments and the activities that would
    enable the sale of joint products to Russia, Ukraine and the other
    CIS member-countries.
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