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WAM - Emirates News Agency, UAE
Oct 30 2010
Lubna Al Qasimi to visit Armenia
2010-10-30 14:11:05
Abu Dhabi, 30 Oct. 2010 (WAM) - Shiekha Lubna Bint Khaled Al Qasimi,
Minister of Foreign Trade, will visit Armenia from the 2nd to the 5th
of November, heading a delegation comprised of 50 public and private
sector representatives from governmental and federal entities,
chambers of industry and commerce, and private corporations.
The visit aims at boosting UAE-Armenian commercial cooperation and
promoting the economic, commercial and investment opportunities that
are available in the United Arab Emirates.
Shiekha Lubna said that this visit comes within the framework of
boosting the commercial and economic partnership that exists between
the United Arab Emirates and Armenia, increasing foreign investments
and expanding the private sector's participation in development with
the aim of increasing the rate of economic development being witnessed
in the UAE in all sectors.
She said that although commercial cooperation between the UAE and
Armenia is currently limited, valued at AED 256 Million in 2009, the
rapid economic growth witnessed in both countries and the many
available investment opportunities present therein - especially within
the context of the UAE's economic diversity strategy - makes it
possible to greatly increase the volume of commercial exchange and
investments and develop economic cooperation between both countries to
new levels.
She pointed out to the importance of searching for new and advanced
mechanisms to encourage commerce between both countries especially
that Armenia has an emerging and open-market economy that is in need
of a lot of merchandise; such as capital and consumer goods,
especially electronic appliances.
http://www.wam.ae/servlet/Satellite?c=WamLocEnews&cid=1285739347161&pagename =WAM%2FWAM_E_Layout&parent=Query&parentid=11350993 99852
From: A. Papazian
Oct 30 2010
Lubna Al Qasimi to visit Armenia
2010-10-30 14:11:05
Abu Dhabi, 30 Oct. 2010 (WAM) - Shiekha Lubna Bint Khaled Al Qasimi,
Minister of Foreign Trade, will visit Armenia from the 2nd to the 5th
of November, heading a delegation comprised of 50 public and private
sector representatives from governmental and federal entities,
chambers of industry and commerce, and private corporations.
The visit aims at boosting UAE-Armenian commercial cooperation and
promoting the economic, commercial and investment opportunities that
are available in the United Arab Emirates.
Shiekha Lubna said that this visit comes within the framework of
boosting the commercial and economic partnership that exists between
the United Arab Emirates and Armenia, increasing foreign investments
and expanding the private sector's participation in development with
the aim of increasing the rate of economic development being witnessed
in the UAE in all sectors.
She said that although commercial cooperation between the UAE and
Armenia is currently limited, valued at AED 256 Million in 2009, the
rapid economic growth witnessed in both countries and the many
available investment opportunities present therein - especially within
the context of the UAE's economic diversity strategy - makes it
possible to greatly increase the volume of commercial exchange and
investments and develop economic cooperation between both countries to
new levels.
She pointed out to the importance of searching for new and advanced
mechanisms to encourage commerce between both countries especially
that Armenia has an emerging and open-market economy that is in need
of a lot of merchandise; such as capital and consumer goods,
especially electronic appliances.
http://www.wam.ae/servlet/Satellite?c=WamLocEnews&cid=1285739347161&pagename =WAM%2FWAM_E_Layout&parent=Query&parentid=11350993 99852
From: A. Papazian