Friday, October 1 2021 18:22
Alina Hovhannisyan

Armenian-Czech business forum is taking place in Yerevan

Armenian-Czech business forum is taking place in Yerevan

ArmInfo. The Chamber of Commerce and Industry of Armenia jointly with the Chamber of Commerce of the Czech Republic and the Embassy of the Czech Republic in the RA organized an Armenian-Czech business forum on October 1 in Yerevan.

The business delegation of the Czech Republic is represented by 12  enterprises engaged in the production of aluminum, medical beds,  cranes and forklifts, accumulators, various types of cylinders,  devices for water purification, aesthetic medicine, air conditioners  and ventilation systems, as well as representing the tourism,  financial and banking sectors.

The Forum was opened by the Ministers of Foreign Affairs of the  Republic of Armenia Ararat Mirzoyan and the Czech Republic Jakub  Kulhanek.

During his speech, Ararat Mirzoyan noted that the Armenian-Czech  relations are based on mutual respect of the two peoples. He attached  importance to the continuation of the development of cooperation with  the Czech Republic, based on common values and democratic principles.

According to the RA Foreign Minister, Armenia and the Czech Republic  have ample opportunities for cooperation in the field of high and  information technologies, renewable energy, water resources  management, healthcare, tourism, agriculture. "I hope that the forum  will lead to the expected results," he stressed.

The Minister noted that one of the priorities of the Foreign Ministry  is the modernization of the mechanisms of economic diplomacy, which  will significantly increase the inflow of foreign investments, the  volume of foreign trade, tourist flow, and will contribute to the  exchange of experience and technologies. In this regard, he stressed  the importance of creating favorable conditions for investment and  work of Czech entrepreneurs in Armenia. In addition, as Mirzoyan  noted, the launch of direct flights in the direction of  Yerevan-Prague will also contribute to the activation of economic  ties.

In turn, Jakub Kulhanek noted that Armenia is a very important  country for the Czech Republic. "Close and friendly relations are not  limited to any serious issues," the Czech diplomat said.  The Czech  Foreign Minister noted that bilateral business cooperation creates a  tangible basis for the development of relations between the  countries. At the same time, he pointed to the presence of potential,  the implementation of which will contribute to the stimulation of  economic cooperation. In this context, the diplomat said that the 5th  meeting of the Armenian-Czech intergovernmental commission will be  held in Yerevan next month.

Jakub Kulhanek also noted that he highly appreciates the democratic  processes taking place in Armenia since 2018, noting in this regard  the parliamentary elections held in June.  "This makes it possible to  continue the development of bilateral relations with Europe," he  said.  To note, B2B meetings will be held during the forum.   According to the RA Statistical Committee, the foreign trade turnover  between Armenia and the Czech Republic in January-July 2021 amounted  to $ 13.1 million, which is 13.5% less than a year ago. At the same  time, exports increased by 24.8% to $ 1.6 million, while imports fell  by 17.1% to $ 11.5 million