Friday, November 22 2019 11:22
Naira Badalian

RA Prime Minister presented Italian business community with business  opportunities in Armenia

RA Prime Minister presented Italian business community with business  opportunities in Armenia

ArmInfo. Armenian Prime Minister Nikol Pashinyan, who is on an official visit to Italy, held a meeting with representatives of Italian business and investment  circles in Milan on the eve of a working lunch.

According to the press service of the Prime Minister, the prospects  of investment cooperation and new joint programs between Armenia and  Italy were discussed at the meeting. The Prime Minister presented  business opportunities in Armenia, referring to the dynamics of the  development of energy, tourism, information technology and several  other industries. Nikol Pashinyan noted that the government is  implementing fundamental reforms in various fields, including  improving the business environment, creating effective investment  protection mechanisms in Armenia, and good opportunities are being  created for doing business in Armenia. The head of government also  spoke about the opportunities within the framework of Armenia's  membership in integration structures, noting: "You can conduct  business at the European level and enter the free, duty-free 180  millionth market."

Prime Minister Pashinyan also answered questions from representatives  of Italian business circles regarding relations with neighboring  countries, economic reforms in the republic, and Armenia-EU  relations.  Touching upon the possibilities within the framework of  cooperation with the EU, the Prime Minister of Armenia noted that  Armenian producers enjoy the preferential GSP + regime with the EU,  as well as the GSP trade regime with the United States and several  other countries.

Representatives of business circles of Italy welcomed the reforms  carried out by the Armenian government and noted that they are  interested in investing in Armenia. It was agreed to begin  substantive discussions on specific programs.

The working dinner was attended by the president of the Italian  investment bank Mediobanca Renato Palliaro, the head of the Rome  office of Corporate and Investment banking of the investment bank  Mediobanca, the executive vice president of Corporate and Investment  banking Antonio Gulielmi, the co- chair of the energy group of the  investment bank Mediobanca Claudia Fornaro, Fabrizio Palermo,  Director General of the investment company Cassa depositi e prestiti;  Luigi Ferraris, Executive Director of the Terna Investment Company;  Director of the External Relations Department of the Terna Investment  Company Luca Torkia.

After the meeting, the Armenian-Italian business forum "Armenia, a  new reality: a platform for entering the Eurasian market" was  organized by the Embassy of the Republic of Armenia in Italy, the  Italian Trade Agency, Assolombarda and Mediobanca investment  companies.

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