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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This year’s event will be held in Yerevan under the motto “16 Countries … and Opportunities for Enterprise Development.”
“Government’s policy line of boosting the NPP’s safety and building a new power unit remains unchanged,” Armen Movsisyan said.
In turn, Armenia will provide $500 thousand in abolished taxes and duties for imported equipment and pipes.
Armenia’s rich cultural, historical and Christian heritage will be presented in travel guides and maps in Russian during the exhibition.
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