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President: Armenia Interested In Enlargement Of French Capital

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  • President: Armenia Interested In Enlargement Of French Capital

    PRESIDENT: ARMENIA INTERESTED IN ENLARGEMENT OF FRENCH CAPITAL

    YEREVAN, November 13. /ARKA/. Armenia is interested in enlargement
    of French capital, Armenian President Serzh Sargsyan said at a news
    conference on Monday after he met French President Francois Hollande
    in Paris.

    The Armenian president met his French counterpart as part of his
    three-day official visit to France.

    "We indeed want to enlarge French capital in Armenia, since today
    Armenia needs this," Sargsyan was quoted by the president's press
    office as saying. "Besides, this is maybe not a big, but a good
    opportunity to eliminate consequences the global financial and
    economic crisis."

    The president also said that Armenia is proud of the fact that about
    500,000 Armenians live in France and take part in development of
    this country.

    "They are Armenians and French people equally, they love both Armenia
    and France, and we should use their potential for preserving our
    friendship for ever," he said.

    Earlier, Armenian Foreign Minister Edward Nalbandyan said that
    160 companies with French capital function in Armenia's banking,
    telecommunication, agriculture and other sectors.

    According to the National Statistical Service of Armenia, trade
    turnover between the two countries amounted to $39.7 million in the
    first half of this year against $50.1 million at the same period a
    year earlier. -0---

    According to the National Statistical Service of Armenia, trade
    turnover between the two countries amounted to $39.7 million in the
    first half of this year against $50.1 million at the same period a
    year earlier. -0-

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