Within the framework of working visit to Lebanon, The President of the Republic of Lebanon, General Michel Aoun received the Delegation headed by the Minister of Economic Development and Investments of RA Suren Karayan. Suren Karayan was accompanied by the State Minister for Planning Affairs of the Republic of Lebanon Michel Pharaon.

President Aoun praised Armenian-Lebanese relations, urging to strengthen them in all directions, especially in economic sphere.

“Lebanese Armenians play an important role in strengthening relations between Lebanon and Armenia,” said Michel Aoun. The President of Lebanon also called for the businessmen of the two countries to cooperate actively with each other.

Suren Karayan stressed the importance of economic cooperation and investment opportunities.

“The Armenian delegation is in Lebanon today with the invitation of the State Minister for Planning Affairs Michel Pharaon and our main goal is to strengthen cooperation with our partners in the Lebanese economic institutions,” said the Minister Karayan. “We consider that the potential of economic cooperation between Lebanon and Armenia has not yet been properly realized. Together with Minister Pharaon we have agreed to develop economic cooperation in those areas where there is still much work to do. The role of the Armenian and Lebanese businessmen is particularly important in promoting this cooperation,” added the Minister and represented the foreign economic cooperation of Armenia and the opportunities available at the target markets.

The sides also discussed opportunities for promoting cooperation in tourism sector.