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  • Armenia's Decision In Favor Of Eurasian Union Never Depreciates Its

    ARMENIA'S DECISION IN FAVOR OF EURASIAN UNION NEVER DEPRECIATES ITS WILLINGNESS TO EXPAND RELATIONS WITH EU - SERZH SARGSYAN

    20:12 * 12.06.14

    Armenian President Serzh Sargsyan and President Heinz Fischer of the
    Republic of Austria today took part in the opening ceremony of an
    Armenian-Austrian economic forum at the Austrian Federal Economic
    Chamber. Prior to it, President Serzh Sargsyan had held a meeting
    with the President of the Chamber Christoph Leitl, the presidential
    press office reports.

    The interlocutors placed great importance on taking further steps
    to enlarge the Armenian-Austrian trade and economic collaboration
    and assured that the Armenian-Austrian economic forum taking place
    within the framework of the Armenian President's visit will play a
    vital role in stimulating contacts between the businessmen of the
    two countries and promoting bilateral cooperation.

    President Serzh Sargsyan and the President of the Austrian Federal
    Economic Chamber Christoph Leitl stated with satisfaction that the
    indicators of the bilateral trade circulation continue to gradually
    improve. However, according to them, there is still a great need to
    foster the trade and economic cooperation.

    The Presidents of Armenia and Austria welcomed the Armenian-Austrian
    economic forum and in their welcome speeches wished the forum
    activities to be successful for the benefit of promoting economic
    collaboration between the two countries.

    Below is President Serzh Sargsyan's speech at the Armenian-Austrian
    economic forum

    Distinguished Mr. President Fischer,

    Distinguished Mr. Leitl,

    Honorable businessmen,

    Ladies and gentlemen,

    I am delighted that my visit to friendly Austria has been marked
    by the organization of an Armenian-Austrian business forum. This
    event is launched under the patronage of me and President Fischer of
    Austria since we put special emphasis on strengthening the business
    ties between our countries and promoting economic cooperation. I am
    very happy that President of the Austrian Federal Economic Chamber Mr.

    Leitl is also present here.

    Such representative forums are not only a good way of stimulating
    trade and economic relations, but also are an important platform for
    mutual dialogue and mutual recognition. It is very crucial that the
    participating Armenian and Austrian businessmen representing multiple
    business spheres get to know each other well.

    I welcome the fact that the trade and economic cooperation between
    our countries is reinvigorating. As Mr. President mentioned,
    until 2008 our volumes and indicators had been much better than
    today, but fortunately, two years ago we again started to sustain
    growth. The present growth rates give us a hope that we will exceed
    those indicators in the foreseeable future despite my conviction that
    it does not reflect our entire cooperation potential. I am confident
    that there are numerous goods and services both in Austria and Armenia
    which can have a high demand in the Austrian and Armenian markets. I
    do not have even the tiniest doubt about it. The level of our bilateral
    trade is low, and the types of circulated goods are limited.

    Thus, I would like to urge both the participants of this forum and our
    relevant state bodies to be proactive in giving birth to new economic
    projects. In this regard, the Armenian-Austrian inter-governmental
    commission the 6th session of which was held in Yerevan this April
    has an important mission to carry out.

    Over 30 Armenian companies are participating in this business forum
    representing the spheres of electronics, information technologies,
    pharmaceutics, agriculture and food recycling, tourism and financial
    services. Of course, the presence of the latter ones is not an
    accident: Armenia has managed to maximize its cooperation potential
    in the mentioned spheres.

    Armenia which, according to archeologists, has millennium-old
    traditions of wine-making, and its jewelry making and carpet making
    have become a national business card, today also holds a special
    place on the international map of information technologies.

    I think it is no coincidence that the Austrian government has included
    Armenia in its country cooperation priority list. This speaks for
    our mutual commitment to advance the collaboration. I am glad that
    we already have positive cooperation experience between Austrian
    Raiffeisen Bank and the Ministry of Finance of the Republic of Armenia,
    as well as between the Development Bank of Austria and Ameriabank. In
    addition, owing to the cooperation between the Armenian company Aske
    and the Austrian company Siemens VAI Metals Technologies, at present a
    large scale metallurgical production has been initiated in Armenia. By
    the way, the cooperation agreement was concluded two years ago during
    Mr. Fischer's official visit to the Republic of Armenia when we again
    held a business forum in Yerevan.

    The regular Yerevan-Vienna flights implemented by Austrian Airlines,
    the elimination of entrance visa regime with the European Union
    beginning from January 2013 and the facilitation of the EU visa
    application procedure for Armenian citizens since January 1 this year,
    as well as the document on cooperation in tourism signed during this
    visit give new momentum to expanding business contacts and promoting
    tourism. We can assure that there is a relevant legal and contractual
    field underlying the economic cooperation between Armenia and Austria
    which guarantees establishment of safe business ties.

    Honorable colleagues,

    Since its independence, Armenia has chosen the economic liberalism as a
    development model, which implies effective functioning of institutions,
    high level of public services and most importantly a transparent and
    free business environment. For that purpose, extensive reforms have
    been implemented and are implemented in Armenia with the assistance of
    our European colleagues as well, especially in the spheres of taxation,
    establishment and registration of enterprises and investor protection.

    I would like to put special emphasis on one essential circumstance:
    in the present interconnected and rapidly changing world trust is
    among the most serious guarantees of economic cooperation. In order
    to get to know each other better, we should strengthen humanitarian
    ties which will lay down a firm foundation for enlarging our business
    contacts as well. I would be glad to offer the relevant state bodies
    to engage in organizing Austrian cultural events in Armenia and the
    reverse, implementing specialist and student exchange programs and
    intensifying scientific connections. This is very crucial.

    Honorable ladies and gentlemen,

    You know that Armenia has chosen the path of joining the Eurasian
    Economic Union. It is in no way reduces our intention to advance our
    relations with the European Union.

    By granting a status of the Generalized System of Preferences Plus to
    Armenia, the European Commission gives a serious impulse to Armenian
    manufacturers. Concurrently, Armenia's integration into the Eurasian
    Economic Union opens up new prospects for European investors by
    simplifying their penetration into the Eurasian market having 170
    million consumers. Armenia is a leading CIS country in terms of
    its economic freedom and application of market regulations. It is
    proved by numerous ratings published by authoritative international
    organizations. Our country holds the 41th place in the 2014 Index
    of Economic Freedom, and in the "Doing Business 2014" annual report
    Armenia is ranked 37th among 185 countries and is placed immediately
    between France and Belgium.

    I would be happy to invite Austrian companies to do business in
    Armenia. Our country can become a useful platform for the well-known
    Austrian food recycling companies Spitz and Darbo by offering healthy
    and tasty agricultural raw materials, for the world-famous jewelry
    company Frey Wille by offering qualified goldsmiths and granting
    special privileges in free jewelry economic zone (by the way, there are
    more than thousand famous jewelry companies in the world with Armenian
    capital or owned by Armenians operating in all parts of the world,
    almost in all countries and cities), for the mineral raw materials
    recycling company Asamer Basaltic Fibers by offering a wide range
    of natural stones, for the pharmaceutical companies G.L. Pharma and
    Genericon Pharma who can take full advantage of free economic zones.

    Be sure that your steps targeted at advancing the Armenian-Austrian
    trade and economic relations are in the focus of our attention. We
    understand that in developing economies long-term successes depend
    on stimulating business activities, that is why in case of large
    investments, especially in innovative technologies, we are ready to
    enforce a special law on a given investment and give tax exemptions
    and by this I refer to the corporate tax as well.

    Ladies and gentlemen,

    Concluding my speech, I wish you established long-term partnership ties
    as a result of this forum taking place at the wonderful building of
    the Austrian Federal Economic Chamber for the benefit of the friendly
    Armenian and Austrian people.

    Thank you.

    I am grateful, Mr. President, for your participation and for finding
    time for and showing interest in promoting business activities
    between our two countries and of course, I am thankful to Mr. Leitl
    for holding this event.

    http://www.tert.am/en/news/2014/06/12/sargsian/




    From: A. Papazian
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