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New Prospects For Armenian-Egyptian Cooperation

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  • New Prospects For Armenian-Egyptian Cooperation

    NEW PROSPECTS FOR ARMENIAN-EGYPTIAN COOPERATION

    gov.am
    March 4 2010
    Armenia

    Prime Minister Tigran Sargsyan received a delegation of ARTOK Group,
    an Egyptian investment company led by company president Shafik Gabri.

    In greeting the guests, the Prime Minister said to be well aware
    and highly appreciative of those investment programs carried out by
    the company.

    Concerning the prospects for deepening bilateral cooperation and
    implementing investment programs, the head of government made a point
    of developing knowledge-based economy supported by techno-parks. The
    parties agreed that technical business parks should be established
    to provide the full set of IT- and scientific research-related
    information.

    The interlocutors next spoke about the possibility of building
    a broadband online network. The Prime Minister advised that his
    government had already approved the concept of electronic society
    implying continuous development of the system of e-governance. The
    importance of implementing free economic zone-related projects was
    emphasized on either side.

    Asked so by the guest, the Prime Minister touched upon the strategy
    of Armenia's economic development and some regional problems. He
    also spoke about the local impact of the global crisis and the ways
    of coping with it.

    In conclusion, Tigran Sargsyan expressed hope that the planned joint
    action will be successful and invited the guests back to Armenia in
    the month of October to attend the opening of the world's longest
    cable way in Tatev.
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