Armenian diplomatic missions will be engaged in attracting investments to Republic

ArmInfo. The potential of the  diplomatic missions of Armenia will be used to attract investments  and increase the foreign trade turnover of the republic. Armenian  government On August 3, approved the criteria for determining the  list of priority countries for the development of economic diplomacy  and assessing the effectiveness of this activity.

As Deputy Foreign Minister of Armenia Shavarsh Kocharyan stated,  presenting the document, in addition to the list of 10 priority  countries indicated in the document, there is also another one, on  the basis of which the list will be expanded in the future. Among the  approved evaluation priorities are the presence of a large Armenian  diaspora in the host country, the opportunities of the diplomatic  mission, the existing investment and trade and economic potential of  the country, as well as the background in terms of partnership with  neighboring countries.

Already after the government session in a conversation with  journalists, the first deputy minister of economic development and  investments Garegin Melkonyan noted that several documents are being  approved on the submitted package. First of all, a list of countries  is approved, as well as some criteria for the further organization of  work in terms of setting tasks for diplomatic missions. In addition,  it is established on the basis of which approaches it is necessary to  select priority countries.

According to the Deputy Minister, for the first time, the economic  aspect of the republic's foreign policy activity is so accentuated.  Today, as Melkonyan noted, Armenia has about 50 diplomatic missions  abroad.  Unfortunately, not everyone has trade missions or at least  diplomats with knowledge of the economy or relevant experience. "This  initiative is aimed at boosting economic potential in all Armenian  diplomatic missions," he said. To note, Russia, the United States,  China, Iran, Georgia, the United Arab Emirates, France, Germany,  Italy, Canada, Lebanon and the Benelux countries are among the  priority countries.