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Armenia, Lebanon Agree Bilateral Trade Measures

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  • Armenia, Lebanon Agree Bilateral Trade Measures

    ARMENIA, LEBANON AGREE BILATERAL TRADE MEASURES

    The Daily Star
    Dec 10 2011
    Lebanon

    BEIRUT: Armenia and Lebanon agreed to take joint measures to promote
    bilateral trade, Armenian President Serzh Sargsyan said Friday at
    a joint press conference with his visiting Lebanese counterpart
    President Michel Sleiman.

    The Armenian news agency ARKA quoted Sargsyan as saying: ~SToday,
    Lebanon is the fifth largest investor in Armenia. Nevertheless,
    we are still far from satisfying indicators.~T

    According to Sargsyan, Lebanon and Armenia had already signed a
    great number of cooperation agreements, but the president pointed out
    that ~Stoday we have added seven more, many of which are agreements
    governing economic cooperation.~T

    According to official statistics, the volume of Lebanese investments
    in Armenia in January-September 2011 amounted to nearly $7.5 million,
    falling by 29 percent from the same period last year. In a separate
    meeting, Armenian Economy Minister Tigran

    Davtyan discussed bilateral economic relations with Lebanon~Rs Industry
    Minister Vrej Sabounjian and Tourism Minister Fadi Abboud.



    From: Emil Lazarian | Ararat NewsPress
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