ArmInfo. A Framework memorandum on Mutual Understanding was signed between Armenia and Philip Morris International Management SA on March 2.
According to the information shared with Arminfo at the press office of the Government, the Prime Minister of Armenia received the delegation lead by Drago Azinovich, the president of Philip Morris International Duty Free and Philip Morris International Management SA for Eastern Europe, Middle East and Africa. The Prime Minister greeted the initiative of worldwide famous company to expand activities in Armenia. He expressed his readiness to discuss the projects on cooperation with the Company.
In his turn, Drago Azinovich thanked the Prime Minister for the support provided in respect to scientific- research projects of the Company. He mentioned, that Research and Development Centers construction is planned. According to his wording, that is aimed at long term cooperation with public and private sectors of Armenia.
In the end of the meeting a framework memorandum on Mutual Understanding was signed between Armenia and Philip Morris International Management. Philip Morris International is one of the biggest companies of the world.