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ARMENIAN FIRM PARTICIPATES IN HSBC EVENT IN SHANGHAI
PanARMENIAN.Net
September 7, 2012 - 17:11 AMT
PanARMENIAN.Net - For the second year in a row Armenia participates
in International Exchange event commenced this week in Shanghai,
organized by HSBC Commercial Banking.
HSBC Bank Armenia customer LIA-K Group was among 75 leading
international businesses to arrive in Shanghai and to discuss
possibilities of establishing new trade connections with one of the
fastest growing markets, share best business practice and exchange
opinions on global economic developments and opportunities.
International Exchange event will focus on "Green" industry,
manufacturing and consumer brands/retail sectors.
LIA-K Group ("Lia Ceramics" store chain trading sanitary ware and
construction materials) has been chosen by HSBC Commercial Banking in
Europe as a fast growing company well-placed to expand in China. In
2011 LIA-K GROUP was awarded in the category of Best Trade Customer
- International Trade Award for reaching outstanding achievement in
International Trade.
"China's prominence on the world stage increases. It really is
a market in which any company that has an international outlook
cannot fail to consider. HSBC Armenia is very pleased to provide this
unique opportunity to its customers, enabling Armenian businesses go
beyond the boundaries of their domestic market and capitalize on the
tendencies and opportunities that international trade can deliver,"
HSBC Bank Armenia Head of Commercial Banking Aram Pinajyan said.
HSBC Bank Armenia Trade and Supply Chain data shows that China
is the main trade partner for many Armenian businesses. Like HSBC
Group in the global market, HSBC Armenia was the first bank in the
local market to offer its corporate customers involved in import and
export trading business with China to make transfers in Chinese Yuan,
for trade settlements with their eligible partners in Mainland China.
According to the official data, trade between the Armenia and China
amounted USD230 million in first half of 2012 - a 12 percent growth
comparing the same period in 2011. At the moment China is Armenia's
third biggest trade partner with 7.5 percent of the overall trade
balance.
PanARMENIAN.Net
September 7, 2012 - 17:11 AMT
PanARMENIAN.Net - For the second year in a row Armenia participates
in International Exchange event commenced this week in Shanghai,
organized by HSBC Commercial Banking.
HSBC Bank Armenia customer LIA-K Group was among 75 leading
international businesses to arrive in Shanghai and to discuss
possibilities of establishing new trade connections with one of the
fastest growing markets, share best business practice and exchange
opinions on global economic developments and opportunities.
International Exchange event will focus on "Green" industry,
manufacturing and consumer brands/retail sectors.
LIA-K Group ("Lia Ceramics" store chain trading sanitary ware and
construction materials) has been chosen by HSBC Commercial Banking in
Europe as a fast growing company well-placed to expand in China. In
2011 LIA-K GROUP was awarded in the category of Best Trade Customer
- International Trade Award for reaching outstanding achievement in
International Trade.
"China's prominence on the world stage increases. It really is
a market in which any company that has an international outlook
cannot fail to consider. HSBC Armenia is very pleased to provide this
unique opportunity to its customers, enabling Armenian businesses go
beyond the boundaries of their domestic market and capitalize on the
tendencies and opportunities that international trade can deliver,"
HSBC Bank Armenia Head of Commercial Banking Aram Pinajyan said.
HSBC Bank Armenia Trade and Supply Chain data shows that China
is the main trade partner for many Armenian businesses. Like HSBC
Group in the global market, HSBC Armenia was the first bank in the
local market to offer its corporate customers involved in import and
export trading business with China to make transfers in Chinese Yuan,
for trade settlements with their eligible partners in Mainland China.
According to the official data, trade between the Armenia and China
amounted USD230 million in first half of 2012 - a 12 percent growth
comparing the same period in 2011. At the moment China is Armenia's
third biggest trade partner with 7.5 percent of the overall trade
balance.