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AGBU YP Lyon Rhône Alpes Conference Explores Investing in Armenia

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  • AGBU YP Lyon Rhône Alpes Conference Explores Investing in Armenia

    AGBU Press Office
    55 East 59th Street
    New York, NY 10022-1112
    Phone: 212.319.6383
    Email: [email protected]
    Website: www.agbu.org

    FOR IMMEDIATE RELEASE

    Thursday, June 5, 2014

    AGBU YP LYON RHÔNE ALPES CONFERENCE EXPLORES INVESTING IN ARMENIA

    ENTREPRENEURS AND COMMUNITY PARTNERS DISCUSS STRATEGIES FOR ECONOMIC
    DEVELOPMENT

    A recent conference hosted by the AGBU Young Professionals of Lyon Rhône
    Alpes (YP Lyon Rhône-Alpes) shed light on the opportunities and
    challenges for entrepreneurs seeking to do business in Armenia. The
    event, sponsored by Manog Pamkodjian, CEO of the consulting firm Fineco,
    was organized with Only Lyon, the city¹s first branding initiative, which
    began partnering with the YP group this winter.

    The evening¹s program and guest list were filled with prominent names of
    government and industry leaders. Among the 70 attendees were Vaner
    Harutunyan, Vice Consul of Armenia in Lyon; Artak Abedi, director of the
    Damaris Group, the business management firm; and Assia
    Suchier-Kirakossian, manager of the Chambre de Commerce et d¹Industrie
    Franco-Arménienne (CCIFA) in Rhône-Alpes. Narek Arakelian, CCIFA¹s former
    executive director, was the featured speaker.

    Arakelyan provided an overview of Armenia¹s current economic and
    political climate, and of ways entrepreneurs can capitalize on
    opportunities there while encouraging local development. He presented
    figures on foreign direct investment by France and other countries, which
    are driven by Armenia¹s favorable foreign investment policies and
    competitive advantage.

    Though business leaders are faced with obstacles=8Bamong them, high
    interest rates and regional conflicts=8Bthe potential is there, Arakelyan
    argued. Grégory Gazarian, the Chair of YP Lyon Rhône Alpes, agreed. He
    commented: ³Though challenges exist that require our attention when doing
    business in Armenia, emerging markets in the sectors of mining, jewelry
    and diamonds, as well as textiles and tourism, show a lot of promise for
    international investors and Armenia¹s economy.²

    The conference was the second event organized by YP Lyon Rhône-Alpes with
    Only Lyon, as the two groups continue to strengthen their relationship
    and help to raise the city¹s profile.

    To learn more about YP Lyon Rhône-Alpes, email [email protected] or visit
    www.facebook.com/ugab.lyon.

    The AGBU Young Professionals is a growing network of groups and
    supporters around the world who are committed to preserving and promoting
    the Armenian identity and heritage through educational, cultural and
    humanitarian programs for young Armenians between the ages of 22 to 40.
    For more information, visit www.agbu.org/yp.

    Established in 1906, AGBU (www.agbu.org) is the world's largest
    non-profit Armenian organization. Headquartered in New York City, AGBU
    preserves and promotes the Armenian identity and heritage through
    educational, cultural and humanitarian programs, annually touching the
    lives of some 400,000 Armenians around the world.

    For more information about AGBU and its worldwide programs, please visit
    www.agbu.org.

    *************************************************
    PHOTO CAPTIONS:

    yp-lyon-2014-conference01.jpg: Members of YP Lyon Rhône-Alpes gather with
    Narek Arakelian (second from left), the event speaker and former
    executive director of Commerce et d¹Industrie Franco-Arménienne; Artk
    Abedi (third from left), director of the Damaris Group; and Vaner
    Harutunyan (fifth from left), Vice Consul to the Consulate of Armenia in
    Lyon. Grégory Gazarian, the Chair of YP Lyon Rhône Alpes, stands fourth
    from left. Photo credit: Vahé Toumanian.

    yp-lyon-2014-conference02.jpg: Narek Arakelian, the former executive
    director of Commerce et d¹Industrie Franco-Arménienne (CCIFA) gathers
    with Assia Suchier-Kirakossian, manager of CCIFA in Rhône-Alpes. Photo
    credit: Vahé Toumanian.

    yp-lyon-2014-conference03.jpg: Charig Osipian, a member of the YP Lyon
    Rhône-Alpes Steering Committee, speaks with guest Vaner Harutunyan, Vice
    Consul to the Consulate of Armenia in Lyon. Photo credit: Vahé Toumanian.



    From: Emil Lazarian | Ararat NewsPress
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