ArmInfo. VEB.RF will support new Russian-Armenian business and economic initiatives. This was reported by the press service of VEB.
According to the source, VEB.RF and the "Enterprise Armenia" Foundation's Investment Support Center agreed on cooperation in the development of industry, technologies, including information, and innovation. The parties signed a memorandum of cooperation within the framework of the St. Petersburg International Economic Forum. The document was signed by Executive Director of the VEB.RF Business Block Evgenia Gadzhiyeva and Investment Director of the Investment Support Center Fund Aram Vardanyan.
<We strive to further strengthen the relationship between our companies in the field of promoting the initiatives of the Russian-Armenian technological partnership. The signing of the Memorandum opens up new prospects for joint projects in Armenia. As part of the implementation of bilateral initiatives, companies can consider the possibility of supplying Russian equipment, technologies and services to Armenia for cooperation projects, as well as count on obtaining joint expertise based on the best practices of the parties>, said Daniil Algulyan, Deputy Chairman of VEB.RF.
Levon Hovhannisyan, Director General of the Investment Support Center Foundation of Armenia, stressed the role of signing a memorandum aimed at deepening institutional relations between the two organizations. "There is a huge potential for the development of economic and investment relations between our countries, and such initiatives are aimed at supporting the realization of this potential, as well as the deepening and further development of interstate relations. <Investment Support Center> today provides a number of services to numerous foreign companies, including those with Russian capital, and within the framework of this Memorandum, we will be able to provide targeted support to Russian businesses and investors. Of course, the professional assistance that Armenian entrepreneurs in Russia will receive from VEB.RF is very important for us," Levon Hovhannisyan noted.