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LUBNA AL QASIMI MEETS WITH ARMENIAN VICE PRIME MINISTER
WAM - Emirates News Agency, UAE
Nov 6 2012
WAM Abu Dhabi, Nov 6th, 2012 (WAM) -- Sheikha Lubna bint Khalid Al
Qasimi, Minister of Foreign Trade has held talks in Abu Dhabi with
Armen Gevorkyan, Vice Prime Minister of the Republic of Armenia, and
his accompanying delegation on strengthening economic and investment
relations between the UAE and Armenia and promoting joint investments
in various fields.
The meeting also centered on the need to explore new horizons for
investors from both the UAE and Armenia in order to better utilize
the strong bilateral relations and signed economic agreements the
two countries enjoy.
During the meeting, Sheikha Lubna said that the UAE is witnessing
rapid growth in various fields, which is in turn having its positive
impact on the country's trade exchange, placing it at unprecedented
positions in trade and investment indices, which is in line, she added,
with the government strategies and goals that that were put in place
to strengthen the UAE's standing in the global trade map.
Sheikha Lubna invited Armenian companies to invest in the UAE and
benefit from its available opportunities, especially with regards to
making it their entry point into many neighboring regional markets,
adding that the UAE is geographically and strategically well positioned
as a transit trade hub between east and west and that it has flexible
investment and economic legislations and excellent incentives and
advantages such as its modern infrastructure, high consumption and
income rates, advanced logistical support and the presence of a
sophisticated and wide spanning air, land and maritime network that
adopts the best global standards.
For his part, Gevorkyan emphasized the importance of the UAE market
for Armenian companies, expressing his hope for strengthening and
expanding Armenia's commercial and investment ties with the UAE,
in light of the advanced standing enjoyed by the UAE and its unique
developmental approach and philosophy, adding that his government looks
forward to welcoming UAE investors to invest in Armenia's sectors
that are witnessing rapid growth, especially that the consumption
rate there is witnessing exponential growth.
Trade between the UAE and Armenia has witnessed noticeable growth
over the past two years, increasing by 6 percent from 2010 to 2011,
with the UAE contributing 97 percent of the two country's bilateral
trade during that period.
WAM/ES/AM
http://www.wam.org.ae/servlet/Satellite?c=WamLocEnews&cid=1290001592699&p=113509 9400124&pagename=WAM%2FWamLocEnews%2FW-T-LEN-FullNews
WAM - Emirates News Agency, UAE
Nov 6 2012
WAM Abu Dhabi, Nov 6th, 2012 (WAM) -- Sheikha Lubna bint Khalid Al
Qasimi, Minister of Foreign Trade has held talks in Abu Dhabi with
Armen Gevorkyan, Vice Prime Minister of the Republic of Armenia, and
his accompanying delegation on strengthening economic and investment
relations between the UAE and Armenia and promoting joint investments
in various fields.
The meeting also centered on the need to explore new horizons for
investors from both the UAE and Armenia in order to better utilize
the strong bilateral relations and signed economic agreements the
two countries enjoy.
During the meeting, Sheikha Lubna said that the UAE is witnessing
rapid growth in various fields, which is in turn having its positive
impact on the country's trade exchange, placing it at unprecedented
positions in trade and investment indices, which is in line, she added,
with the government strategies and goals that that were put in place
to strengthen the UAE's standing in the global trade map.
Sheikha Lubna invited Armenian companies to invest in the UAE and
benefit from its available opportunities, especially with regards to
making it their entry point into many neighboring regional markets,
adding that the UAE is geographically and strategically well positioned
as a transit trade hub between east and west and that it has flexible
investment and economic legislations and excellent incentives and
advantages such as its modern infrastructure, high consumption and
income rates, advanced logistical support and the presence of a
sophisticated and wide spanning air, land and maritime network that
adopts the best global standards.
For his part, Gevorkyan emphasized the importance of the UAE market
for Armenian companies, expressing his hope for strengthening and
expanding Armenia's commercial and investment ties with the UAE,
in light of the advanced standing enjoyed by the UAE and its unique
developmental approach and philosophy, adding that his government looks
forward to welcoming UAE investors to invest in Armenia's sectors
that are witnessing rapid growth, especially that the consumption
rate there is witnessing exponential growth.
Trade between the UAE and Armenia has witnessed noticeable growth
over the past two years, increasing by 6 percent from 2010 to 2011,
with the UAE contributing 97 percent of the two country's bilateral
trade during that period.
WAM/ES/AM
http://www.wam.org.ae/servlet/Satellite?c=WamLocEnews&cid=1290001592699&p=113509 9400124&pagename=WAM%2FWamLocEnews%2FW-T-LEN-FullNews