Thursday, November 23 2017 19:16
Alina Hovhannisyan

Hayk Aloyan became a member of the Board of Directors of the American Chamber of Commerce in Armenia

Hayk Aloyan became a member of the Board of Directors of the American  Chamber of Commerce in Armenia

ArmInfo. Hayk Aloyan,  Executive Director of Lydian Armenia, which operates Amulsar gold  deposit, joined the Board of Directors of the American Chamber of  Commerce of Armenia (AmCham). The company reports.

"The role of the Chamber should not be underestimated in the  development of the Armenian-American economic relations. From the  point of view of formation of effective cooperation and cohesion of  American business in Armenia, this organization has implemented a  significant amount of work aimed at ensuring investor confidence and  creating an enabling environment for business. Lydian, being a major  American and British investor in Armenia, highly appreciates its  representation in the family of the Chamber and is further ready to  contribute to the development of this platform and to strengthen  cooperation with other members of the organization," he said.

According to the source, in 2018, AmCham will continue its activities  to protect intellectual property rights, implementation of the best  international experience in Armenia, and work in the field of  corporate social responsibility within the framework of the Chamber's  "Responsible Business" project. The Chamber will launch the process  of creating an arbitration court. And one of the key goals in 2018  will be to expand cooperation with European and regional American  chambers of commerce.

Last week annual general meeting of AmCham, the participants gave a  positive assessment to the work done over the past year. The general  director of Contour Global Hydro Cascade Ara Hovsepyan was reelected  as chairman of the chamber.

Lydian Armenia is a subsidiary of the British Lydian International,  whose shareholders are also large international institutional  investors from the United States, Great Britain and a number of  European countries, including IFC and EBRD. The Amulsar project is  the largest industrial project in Armenia today to develop the  Amulsar gold deposit with a total value of $ 370 million.

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