Armenia presented its advantages in Lebanon

ArmInfo. About 40  representatives of business, state bodies of Lebanon together with  their Armenian colleagues discussed issues of development of  bilateral relations during the business mission to Beirut.

The Armenian Development Fund (DFA) organizes the mission. Minister  of Economy and Trade of Lebanon Raed Khoury and Minister of Tourism  of Lebanon Avetis Gidanyan addressed the participants with a  welcoming speech.

According to the press service of the Development Fund of Armenia, on  the first day of the forum, 13 Armenian companies engaged in the  fields of information technology, trade, food production, banking,  insurance, cosmetics, jewelry, and 35 representatives of Lebanese  companies representing large retail chains and distribution.

As noted in his speech, the Executive Director of the DFA, Armen  Avagyan, Armenia is the only country in the world that actively  develops its relations with both the Eurasian Economic Union and with  the countries of the European Union. This fact makes Armenia a  favorable and promising country for doing business. In addition,  there is a good experience of participation of Lebanese business in  projects in Armenia. In particular, we are talking about the banking  system, jewelry business, tourism. "The main goal of our mission is  to present the advantages of our country to the business community of  Lebanon, I believe that this potential should be used, especially in  the context of the presence in Lebanon of a powerful Armenian  diaspora," Armen Avagyan said.

Within the framework of the mission, meetings of Armenian and  Lebanese entrepreneurs in B2B format and visits to Lebanese companies  are envisaged. Memorandums of cooperation have been signed with the  structures promoting business development in Lebanon.