Monday, February 27 2023 12:06
Alina Hovhannisyan

Armenia, France establish new business ties 

Armenia, France establish new business ties 

ArmInfo.Armenia and France have established new business ties, the press serve of Armenia's  Ministry of Economy reports referring to the results of the Economic Summit in Paris, France, on February 24. 

The summit enabled French and Armenian businessmen to get acquainted  with each other's business and production activities, as well as  discuss cooperation prospects. 

On the sidelines of the Summit, Armenia's Minister of Economy Vahan  Kerobyan participated in a panel discussion on IT and green  sustainable economy. 

The France-Armenia Economic Summit was announced following Mr  Kerobyan's meeting with French Ambassador to Armenia Anne Louyot. The  Summit was to take place in Paris, February 24, to present Armenia's  economic potential to French businessmen and enhance the efficiency  of the potential of Armenia-France economic cooperation in green and  sustainable economy, agriculture and high-tech industry. 

Last year, Armenia-France trade totaled $122.4mln - a 29.6% growth as  compared with 2021. Armenia's exports to France totaled $9.8mln (a  7.8% decline), with the country's imports from France totaling  $112.6mln (a 34.4% growth).