ArmInfo. The business from India intends to organize the production of metal fittings and reinforcing bars in Armenia.
This was announced during the meeting between Deputy Minister of Economic Development and Investments of Armenia Avag Avanesyan and a delegation of entrepreneurs from India.According to the press service of the Ministry of Economic Development and Investments of Armenia, entrepreneurs announced plans to invest in the Armenian economy, in particular in the areas of trade, services and industry.The Deputy Minister presented investment prospects of Armenia and preferential regimes for foreign trade to Indian entrepreneurs.
He also spoke about tax, customs and other legal regulations for the implementation of investment projects. Avanesyan pointed out the benefits provided by the government of the republic to investors.With whom exactly Avanesyan met, with representatives of which companies, he is silent about in the press release.To note, the foreign trade relations of Armenia and India are so weak that the figure on trade between the two countries did not find a place even in the official statistics of Armenia.