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Armenia Caucasus Monitoring

Armenia, Germany to deepen economic cooperation

On the morning of February 14, Armenian Prime Minister Nikol Pashinyan visited the Association of German Chambers of Commerce and Industry, where he had working luncheon with Parliamentary State Secretary at the Federal Ministry of Economic Affairs and Energy Thomas Bareiß, Chief Executive Officer for Foreign Trade and Member of the Executive Board of the Association of German Chambers of Commerce and Industry Volker Treier and other members of the organization, the Armenian government press office reported.

Mr. Bareiß said the German side is eager to develop and expand trade-economic ties with Armenia. He voiced confidence that the Prime Minister’s visit may help enhance business relations and implement new joint projects in different branches of the economy.

The Prime Minister of Armenia talked about the recent developments in Armenia’s economy and the government’s efforts to improve the business environment in the country. Nikol Pashinyan dwelt on the ongoing programs and the government’s priorities in industry, tourism, agriculture and IT. He underscored that his government is keen to develop economic partnerships with Germany and attract German capital into Armenia’s economy.

The interlocutors discussed ways of implementing such joint projects as might boost bilateral commercial ties. They highlighted the importance of business forums in terms of strengthening ties and cooperation between the business communities.

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