Business Related Events



Made In Armenia Expo 
Opens In Yerevan


Yerevan, May 27, 2002 
 
Today, a Made in Armenia Expo was inaugurated at the Government Assembly Hall in Yerevan by His Excellency Andranik Margarian, Prime Minister of the Republic of Armenia. Government ministers, high-ranking officials and foreign ambassadors were joined by over 1600 guests from Armenia and the Diaspora at the opening ceremonies. 

Close to 100 export-ready companies, mostly small and medium sized enterprises (SMEs), are exhibiting their products and services at this trade show organized within the framework of the second Armenia Diaspora Conference by the Armenian Development Agency.

The Made in Armenia Expo is primarily intended to acquaint Diasporan business people with the export potential of local Armenian companies. Several economic sectors are presented at this event, such as: agriculture and agri-food, including alcoholic beverages, fruit juices, dried fruits, fish, dairy, meat, honey and chocolate products, jewellery and diamond processing, textiles and leather goods, machinery and tools, high-technology and software production, wood processing and furniture, metallic and aluminum constructions, carpets, arts and crafts, tourism and entertainment.

The closing and awards ceremonies of the Made in Armenia Expo will be held on May 29th in the presence of the President of the Republic of Armenia, His Excellency Robert Kocharian.

On May 29th a Business Seminar highlighting the activities of the Armenian Development Agency and a number of local Armenian companies will also be held at the main meeting hall of the Government Assembly Hall.

Made In Armenia Expo 
Concludes In Yerevan


Yerevan, May 29, 2002 

The Made in Armenia Expo organized within the framework of the second Armenia Diaspora Conference concluded today in Yerevan. The President of the Republic of Armenia, His Excellency Robert Kocharian toured the exhibit which featured export-ready small and medium sized enterprises (SMEs) from several economic sectors. 

During the past four days, over 3000 conference participants and local guests had the opportunity to visit the expo and meet with 95 exhibitors. Several agreements were reached between local Armenian companies and Diasporan business people to export Armenian products. 

At the conclusion of the event, some exhibiting companies received certificates and awards from the Armenian Development Agency and the Enterprise Support Fund. 


Business Seminar 
Held In Yerevan

Yerevan, May 29, 2002 
 
A business seminar was held today in the historical Government Assembly Hall in Yerevan within the framework of the second Armenia Diaspora Conference. The event was moderated by Mr. Vahram Nersissiants, Chief Economic Adviser to the President of the Republic of Armenia.

Mr. Vahagn Movsisyan, Managing Director of the Armenian Development Agency, first detailed on the mandate and structure of his organization, as well as the services provided to foreign investors. The newly published Armenia Exports CD Catalogue 2002 was then presented by Mr. Artavazd Ghazarian, Director of the Armenian Enterprise Support Fund. 

Key presenters at the seminar included Mr. Melcon Arzumanian on the future project of Yerevan Airport Free Zone, Mr. Gagik Arzumanian on the Armenian Copper Program, Mr. Serge Adamian on the SolarEn's high-technology innovations, Mr. Armen Khandkarian on the Armenian banking system and Areximbank, Ms. Nina Hovnanian on the Armenian Tourism Development Agency and Mr. Gary Kilmer on 20 agriculture and agri-food sector companies. 

Some 150 business people attended the seminar and met with local entrepreneurs to discuss new and ongoing investment projects. The 2002 Yellow Pages of Armenian Business was distributed by the Spyur Publishing House, together with other handouts by local companies. All presentation were simultaneously interpreted in English and Armenian and most were aided by audiovisual instruments.

Following the main presentations, several commentators voiced their opinions on the investment climate in Armenia. They included Mr. Vahagn Hovnanian of the Vahagni Group, Mr. Arsen Ghazarian of the Union of Manufacturers and Businesses of Armenia, Mr. Levon Thorose of the Armenian Engineers and Scientists Association of America, Mr. Levon Aharonian of the Armenia-Iran Chamber of Commerce, Mr. Artin Etemekjian of the Armenian Australian Chamber of Commerce and Mr. Vazken Terzian of the Canadian Armenian Business Council. 

This event concluded the series of business initiatives organized within the framework of the second Armenia Diaspora Conference.


Open House Held At 
The Armenian Development Agency


Yerevan, May 26, 2002 

A day-long Open House was held today on the premises of the Armenian Development Agency in Yerevan. The event was organized within the framework of the second Armenia Diaspora Conference to familiarize Diaspora business people with the facilities, staff and expertise of the Armenian Development Agency. 

Nearly 200 Diasporan business people toured the agency and met with trade experts from the various departments and related agencies, such as the Enterprise Development Fund and the Business Support Fund. Visitors were briefed on the business environment in Armenia, in particular, on the tax, customs, banking and investment spheres. An exchange of business ideas and future involvement also took place.

The Armenian Development Agency was created by the Government of Armenia immediately following the first Armenia Diaspora Conference. It acts as the government's main national intermediary for bridging gaps between policy development and implementation in the economic sector. The agency's main functions are to promote foreign investments and local exports by providing investor services, as well as business publications and information.


International Armenian Trade 
Network Created In Yerevan


Yerevan, May 25, 2002 

A meeting between diasporan chambers of commerce and business organizations took place for the first time today in Yerevan. This initiative was held within the framework of the second Armenia Diaspora Conference.

Seventeen organizations from 11 countries sent delegations to the meeting which was opened and attended by the Prime Minister of Armenia, His Excellency Andranik Margaryan. Delegations representing Armenia-based chambers and groups, as well as one from Artsakh were also present. 

Collectively, diasporan Armenian chambers of commerce and business associations form important reference points in out trans-national trade and business networks and make up an impressive economic community that can be of value to Armenia. 

In view of an apparent need for a coordinated effort to promote exports and investments in Armenia, as well as to enhance ties between the various diasporan business communities, delegates adopted a motion to create an Armenian Trade Network. The Armenian Development Agency, which hosted the meeting, assumed the role of the secretariat for the initial phase. 

A draft outlining the objectives and goals of this new network was presented. Discussions on the organization and development of the Armenian Trade Network will be discussed further during the upcoming days with a concluding session to be held on May 29th, 2002. 

Tomorrow, a MADE IN ARMENIA expo showcasing some 100 export-ready companies, mostly small and medium sized enterprises (SMEs), will be open in Yerevan at the Government Assembly Hall. On May 29th a Business Seminar presenting the activities of the Armenian Development Agencies, the Enterprise Support Fund and selective Armenian companies will also take place. 


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