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Armenia, Philippines step up economic cooperation

Armenia, Philippines step up economic cooperation

PanARMENIAN.Net - On August 16, Armenian government approved the proposal to sign an agreement with the Philippine government.

As RA Deputy Minister of Economy noted, Armenia and Philippines will step up economic, scientific and technical cooperation.

“This framework agreement will promote bilateral economic relations,” Ara Petrosyan said.

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At a meeting with representatives of the tourism industry, Karayan said the sector is capable of creating inclusive added value.
The first stage of work on extending the life of Metsamor NPP for another 10 years until 2026 has also been performed.
This operation will help improve the country’s competitiveness and business environment, said World Bank Country Manager for Armenia.
The financing will be directed to energy efficiency, renewable energy, agribusiness, food processing, education and healthcare projects.
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