Announcement

Collapse
No announcement yet.

Armenia Warms Up To Asia-Pacific Trade

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenia Warms Up To Asia-Pacific Trade

    Manila Bulletin, Philippines
    Aug 15 2012


    Armenia Warms Up To Asia-Pacific Trade

    By ROY C. MABASA
    August 15, 2012, 8:35pm




    THE Philippine government welcomed Armenia's interest to "stir up
    activities" in the Asia-Pacific region, including the Philippines.

    Foreign Affairs Secretary Albert del Rosario conveyed this when he met
    with Foreign Minister Edward Nalbandian of the Republic of Armenia
    yesterday at the Department of Foreign Affairs (DFA) headquarters in
    Pasay City.

    It was the first ever visit by a high ranking official from the
    eastern European country.

    At the meeting, Nalbandian reiterated Armenia's foreign policy
    decision to engage countries in the region consistent with the
    country's need to tap external markets, modernize its production
    processes and infrastructure.

    Del Rosario emphasized that the visit of Nalbandian came at a time
    when the Philippines and Armenia celebrate the 20th anniversary of the
    establishment of diplomatic relations this year.

    The two leaders signed an agreement between the Philippines and
    Armenia establishing the mechanism on political consultation to
    monitor the future direction of their relations.

    They also signed the Waiver on Visa for Diplomatic and Official
    Passport Holders to expand the levels of friendship and cooperation
    between the two countries through increased people-to-people contacts.

    Armenia, located in southwestern Asia, between Turkey and Azerbaijan,
    gained independence from the former Soviet Union in 1991.

    Its major industrial production includes diamond processing,
    metal-cutting machine tools and forging-pressing machines, electric
    motors, tires and commercial products such as knitted clothing,
    footwear, jewelry manufacturing, and chemicals.

    The country's major agricultural products include fruits (mainly
    grapes), vegetables and livestock.

    Armenia has slowly picked up from a recession in 2009 to establish
    single digit growths in 2010 and 2011.

    (Roy Mabasa)

    http://www.mb.com.ph/articles/369780/armenia-warms-up-to-asiapacific-trade

Working...
X