Tuesday, January 24 2023 20:49
Alina Hovhannisyan

Armenia, Qatar discuss opportunities for investment cooperation 

Armenia, Qatar discuss opportunities for investment cooperation 

ArmInfo. On January 24, within the framework of the working visit to the State of Qatar the delegation led by the RA NA President Alen Simonyan met with the  Chief Executive Officer of the Qatar Investment Authority (QIA) of  the State of Qatar Mansoor Ebrahim Al- Mahmoud. The possibilities of  making investments in different spheres of Armenia were discussed at  the meeting. 

As the press service of the RA NA reports, the tourism, the IT sphere  and the cultural cooperation were singled out in the series of  spheres of interest.

The RA NA President noted that our country welcomes the proposals of  the investment cooperation in the developing spheres and added that  work is done in their implementation.

At the meeting the legislative and institutional reforms made for the  involvement of the investments were discussed. The QIA Chief  Executive Officer presented to his counterparts brief information on  the upcoming programmes. According to him, Armenia is a reliable  partner with respect to the investment policy. An agreement was  reached for revising the further cooperation agenda.

It should be noted that according to the RA Customs Service, Armenia  exported worth $858.5 thousand to Qatar in the first half of  2022,which is 2.7-fold  higher than the indicator of a year ago. The  customs value of imports, on the contrary, decreased year-on-year -  by 46.1% to $36.9 thousand