Business Armenia promotes investment at EBRD's London eventJune 25, 2018 - 12:02 AMT PanARMENIAN.Net - Executive Director of Business Armenia Armen Avak Avakian and (now former) Head of Donor Relations Arman Udumyan have recently participated in the series of events known as Emerging Europe held in the head office of the European Bank for Reconstruction and Development in London, UK. The representatives of the Armenian investment promotion agency took part in the EBRD reception held in Westminster Palace in the British capital. The reception organized for the heads of investment promotion agencies in Central and Eastern Europe was co-hosted by the UK Minister for International Trade and Minister for London. A number of meetings and cooperation program discussions were held with the representatives of partner organizations from different states in the course of the 2-day gathering. The Business Armenia team presented Armenia's investment climate, the new government's policy on boosting interest among foreign investors and the experience of the foundation. “This was a unique opportunity to meet with representatives of 22 partner organizations in one place, which otherwise would be either impossible or too costly and time-consuming. We flew to London with interesting ideas and came back with preliminary agreements of effective cooperation,” said Udumyan. Within the scope of EBRD business meetings, the Emerging Europe Award Ceremony was held, with Business Armenia nominated as a “National Investment Promotion Agency of the Year” along with 23 organizations in Central and Eastern Europe. The nominations were based on the EBRD surveys on activities of investment promotion agencies in 23 countries. “In addition to the meetings, we find the EBRD award methodology, according to which the choice has been made, very important. By strengthening the capabilities of Business Armenia, our organization will aim to be the best next year,” Avakian said. More than 100 representatives of Armenian state agencies, business and international institutions gathered at the first ever UK-Armenia Business Forum on June 7, organised by British Embassy Yerevan in partnership with the Armenian-British Business Chamber. The UK business representatives left Armenia with positive impressions and some concrete projects to follow up. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. |