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CTK Business News Wire, Czech Rep
January 31, 2014 Friday 6:39 PM (Central European Time)
Trade with Armenia could be much higher --confederation
Prague Jan 31 (CTK)
Czech trade with Armenia is far from filling its potential,
Confederation of Industry president Jaroslav Hanak said at a
Czech-Armenian business forum held on the ocassion of a visit of
Armenian President Serzh Sargsyan.
Some 100 entrepreneurs from both countries took part in the event.
"Trade with Armenia is not at the level we would imagine," Hanak said,
adding that trade turnover between the two countries was worth EUR32m
in 2012 and only some EUR20.3m last year.
Czech President Milos Zeman also attended the forum. He recommended to
Armenian companies Czech cars, in particular Skoda cars, and
traditional Czech beer. Sargsyan talked about mineral resources of his
country.
"Czech companies are examining opportunities on the Armenian market
above all in energy supplies, municipal waste management, engineering
industry, information technologies, health care equipment and
prospecting, and are also looking at business opportunities in other
segments," Industry and Trade Minister Jan Mladek said.
Seven memoranda were signed at the business forum, which is good news
that could intensify mutual cooperation, Hanak noted.
The Export Guarantee and Insurance Company (EGAP) signed a cooperation
agreement with new Armenian credit insurer EIAA in the presence of
both presidents.
"The agreement will allow Czech and Armenian companies to cooperate on
projects in third countries and is, of course, very important also for
further diversification of Czech exports," said EGAP's CEO Jan
Prochazka.
The agreements also concern, for example, cooperation between the
Nature protection agency (AOPK) and Armenia's Mineral Resources
Agency, as well as between some regions and national parks in both
countries.
fs,kou/er
January 31, 2014 Friday 6:39 PM (Central European Time)
Trade with Armenia could be much higher --confederation
Prague Jan 31 (CTK)
Czech trade with Armenia is far from filling its potential,
Confederation of Industry president Jaroslav Hanak said at a
Czech-Armenian business forum held on the ocassion of a visit of
Armenian President Serzh Sargsyan.
Some 100 entrepreneurs from both countries took part in the event.
"Trade with Armenia is not at the level we would imagine," Hanak said,
adding that trade turnover between the two countries was worth EUR32m
in 2012 and only some EUR20.3m last year.
Czech President Milos Zeman also attended the forum. He recommended to
Armenian companies Czech cars, in particular Skoda cars, and
traditional Czech beer. Sargsyan talked about mineral resources of his
country.
"Czech companies are examining opportunities on the Armenian market
above all in energy supplies, municipal waste management, engineering
industry, information technologies, health care equipment and
prospecting, and are also looking at business opportunities in other
segments," Industry and Trade Minister Jan Mladek said.
Seven memoranda were signed at the business forum, which is good news
that could intensify mutual cooperation, Hanak noted.
The Export Guarantee and Insurance Company (EGAP) signed a cooperation
agreement with new Armenian credit insurer EIAA in the presence of
both presidents.
"The agreement will allow Czech and Armenian companies to cooperate on
projects in third countries and is, of course, very important also for
further diversification of Czech exports," said EGAP's CEO Jan
Prochazka.
The agreements also concern, for example, cooperation between the
Nature protection agency (AOPK) and Armenia's Mineral Resources
Agency, as well as between some regions and national parks in both
countries.
fs,kou/er