ArmInfo. A delegation of businessmen from Dubai (UAE) will visit Armenia to get acquainted with business opportunities and to hold discussions.
This agreement was reached during a meeting between RA President Armen Sargsyan and Vice President, Prime Minister, Minister of Defense and Emir (ruler) of Dubai Sheikh Mohammed Ibn Rashid Al Maktoum.According to the press service of the President of Armenia, during the meeting, the sides discussed prospects for cooperation between the two countries in various fields, in particular, issues related to the expansion of business ties and financial cooperation.
At the same time, the heads of the Republic of Armenia and the United Arab Emirates attached importance to the steps aimed at developing tourism."We welcome the interest shown by Emirati companies in various economic spheres of Armenia and will assist potential investors," said Armen Sargsyan.According to the Statistics Committee of the Republic of Armenia, the foreign trade turnover between the Republic of Armenia and the United Arab Emirates in January-November 2018 amounted to $ 167.5 million, which is 3.9% lower than a year ago. In particular, exports decreased by 21.5% to $ 69.5 million, while imports grew by 14.3% to $ 98 million.
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