Saturday, February 24, 2024
HomeWorldUAE, Armenia sign 4 MoUs during joint business forum in Yerevan -...

UAE, Armenia sign 4 MoUs during joint business forum in Yerevan – World News Network

Yerevan [Armenia], September 23 (ANI/WAM): Abdullah Mohamed Al Mazrouei, Chairman of the Federation of UAE Chambers of Commerce and Industry (FCCI) and Chairman of Abu Dhabi Chamber of Commerce and Industry, and Vahan Kerobyan, Armenia’s Minister of Economy, have inaugurated the UAE-Armenia Business Forum in the Armenian capital, Yerevan.
The forum saw the signing of four Memorandums of Understanding (MoUs); with three of them between the business communities in both countries and one to establish a UAE-Armenia Business Council.
Organised by the FCCI, the UAE Embassy in Yerevan, and Enterprise Armenia, the event was attended by Nariman Al Mulla, UAE Ambassador to the Republic of Armenia, a UAE trade delegation of around 100 representatives of government and private entities, and over 200 representatives of Armenian companies.
In his keynote, Al Mazrouei invited businesses in both countries to leverage the opportunities and facilities provided by both countries, noting that the signing of MoUs with Enterprise Armenia and the Armenian Chamber of Commerce and Industry will help create new investment opportunities and forge a stronger UAE-Armenian partnership that benefits both countries.
For his part, the Armenian Minister of Economy said that the UAE-Armenia trade exchange reached over USD 1 billion, making the UAE one of Armenia’s top three trade partners, alongside Russia and China.
In the first 7 months of 2023, the trade exchange between our countries was valued at USD 870 million, three-fold its value last year, while investments grew by 20 per cent in H1 2023, he added, commending the UAE’s decision to waive pre-entry visas between the UAE and Armenia.
The UAE trade delegation held several meetings with Armenian officials, including the Deputy Prime Minister, the Minister of Economy and the Minister of High-Tech Industry, during which they discussed prospects for boosting trade and investment cooperation and launching economy-driving projects in both countries. (ANI/WAM)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News


Paris Appreciation Awards

Read More

World Polls

Read More

Short News

Read More

Indian Bureaucrats

Read More

World Talent Management

Read More

World Brand Ambassadors

Read More

Film Critics

Read More

Influencers

Read More

Video Press Release

Read More

podcasts Press Release

Read More

Social Media

Read More

Colleges Press Release

Read More

Business Press Release

Read More

Critics Press Release

Read More

Fashion Marketing Press Releases

Read More

Gaming Press Release

Read More

Finance Press Release Distribution

Read More

Creative Press Release

Read More

Animals Press Release

Read More

Tech News Press Release

Read More

Cryptomarket Press Release

Read More

Fitness News Press Release

Read More

Gadgets Press Release

Read More

Gardening Press Release

Read More

Stockmarket Press Release

Read More

Product Reviewers and Marketing

Read More

Crypto Press Release Distribution

Read More

Film Festivals Marketing

Read More

India Real Estate Marketing

Read More

Indian Medical Tourism

Read More

Travel Marketing Press Release

Read More

Health Marketing Press Release

Read More

Events Marketing Press Release

Read More

Restaurants Marketing Press Release

Read More

City Business Listing

Read More

World Import Export

Read More

PR Franchise

Read More

Radio Press Release Distribution

Read More

Movies Distribution

Read More

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments

Paris Appreciation Awards

Read More

World Polls

Read More

Short News

Read More

Indian Bureaucrats

Read More

World Talent Management

Read More

World Brand Ambassadors

Read More

Film Critics

Read More

Influencers

Read More

Video Press Release

Read More

podcasts Press Release

Read More

Social Media

Read More

Colleges Press Release

Read More

Business Press Release

Read More

Critics Press Release

Read More

Fashion Marketing Press Releases

Read More

Gaming Press Release

Read More

Finance Press Release Distribution

Read More

Creative Press Release

Read More

Animals Press Release

Read More

Tech News Press Release

Read More

Cryptomarket Press Release

Read More

Fitness News Press Release

Read More

Gadgets Press Release

Read More

Gardening Press Release

Read More

Stockmarket Press Release

Read More

Product Reviewers and Marketing

Read More

Crypto Press Release Distribution

Read More

Film Festivals Marketing

Read More

India Real Estate Marketing

Read More

Indian Medical Tourism

Read More

Travel Marketing Press Release

Read More

Health Marketing Press Release

Read More

Events Marketing Press Release

Read More

Restaurants Marketing Press Release

Read More

City Business Listing

Read More

World Import Export

Read More

PR Franchise

Read More

Radio Press Release Distribution

Read More

Movies Distribution

Read More