On December 23, a conference on “Prospects for the development of EAEU-Armenia industrial cooperation” has launched in Tsaghkadzor.

Deputy Minister of Economic Development and Investments of RA Hovhannes Azizyan and Director of the Industrial Policy Department of the EEC Nikolay Kushnaryov delivered opening remarks during the Conference .

In his speech Deputy Minister of Economic Development and Investments Hovhannes Azizyan said, that there is a great potential to expand the industrial cooperation between the EAEU member states, and Armenia is ready for that.

“We are here to summarize together the results of the works carried out, to hear proposals aimed at raising the industrial cooperation to a new level, to use all mechanisms that boost the cooperation. Those mainly relate to forming and applying technological platforms, as well as prudently using the state assistance. The use of the mentioned mechanisms must create real opportunities, contribute to the expansion of trade turnover. Undoubtedly, the most important boosting mechanisms are private investments, and considering that, Armenia creates all conditions for attracting investments by putting almost no restriction on the investment activity”, the Deputy Minister said.

A number of officials of the Eurasian Economic Commission and the Eurasian Economic Union’s member states, heads of business structures, Ambassadors and commercial representatives are taking part in the “Prospects for the development of EAEU-Armenia industrial cooperation” conference to discuss the issues of the industrial cooperation development within the EAEU and propose solutions

During the conference, a cooperation agreement between the Moscow Chamber of Commerce and the Chamber of Commerce and Industry of Armenia was signed.

The conference aimed to strengthen the existing dialogue between the EAEU member states, public authorities, business circles and business communities.