ArmInfo."I believe that the ongoing economic reforms in Armenia will open wide the doors for European business, which will enter the Armenian market with investments, and all citizens of Armenia will benefit," said the International Business Network of European Business Companies (EBO WWN) 26 November Extraordinary and Plenipotentiary EU Ambassador to Armenia Piotr Switalski.
He stressed that the holding of the conference is extremely important in terms of enhancing the image of Armenia and the formation of the Armenian brand in the international arena, particularly in those countries whose representatives participate in the conference.
In turn, EBO WWN Chairman Renato Pacheco Neton noted that the conference brings together about 40 non-EU countries.
<This is very important for Armenia. And the choice of the venue for the annual conference was not accidental for Armenia, which is a key partner, "the EBO head told WWN. According to R. Pacheco Neton, Armenia may be interesting for European business from the point of view of information technology, agriculture and health.
Executive Director of the Business Armenia Foundation Armen Avak Avakian noted that during the conference, in which business associations from over 40 thousand companies participate, intend to recommend participants to invest in the Armenian economy, namely in IT, agriculture and tourism. <Those countries where the private sector works in tune with the state, business is developing more dynamically. Therefore, today it is very important, the interaction of the public and private sectors, "he said.
Note that EBO WWN was established in 2001 with the support of the European Commission's Directorate General for Domestic Market, Industry, Entrepreneurship and SMEs. The network includes 38 European business organizations operating around the world. Armenia joined the International Network of European Business Companies in 2016.
According to the RA Statistics Committee, the foreign trade turnover between Armenia and the EU in January-September 2018. amounted to $ 1.3 million, with an annual growth of 27.9%. In particular, exports increased by 14.9% to $ 531.4 thousand, while imports grew by 37.9% to $ 828.1 thousand.