PM Meets with Singapore Business Community Representatives
Prime Minister Nikol Pashinyan’s official visit to Singapore continues. On July 8, Prime Minister Pashinyan and the members of his delegation attended a round table, held with representatives of the Singapore Business Federation Foundation (SBFF).
Welcoming the guests, SBBF Executive Director Ho Meng Keith, stressed the importance of the meeting with the Prime Minister of Armenia and the government delegation, which is a good opportunity to develop the Armenian-Singaporean business ties, reinvigorate them and initiate joint projects. He noted that the Singaporean business circles are eager to start business activities in Armenia and, therefore, they wish ti get acquainted with our country’s investment opportunities and discuss cooperation prospects.
Mr. Ho Meng Kit noted that the free trade agreement between the Eurasian Economic Union and Singapore will be an effective tool for promoting business ties, and Armenia can become an important platform for entering third-country markets.
Prime Minister Nikol Pashinyan noted that he was pleased to visit the Singapore Business Federation Foundation and discuss the development of economic ties. “We entertain high-level political relations, and I hope that after this visit they will be further strengthened and economic cooperation will be intensified. Armenia is in a process of economic transformations as we are working to create favorable conditions for economic growth and entrepreneurship,” the Prime Minister said. He touched upon the reforms initiated by the Government of Armenia, dwelling on the steps aimed at improving tax and customs administration and implementing judicial reforms in order to provide a system of guarantees for the protection of foreign investments.
Nikol Pashinyan stressed that last year’s velvet revolution in Armenia and the ensuing drastic political changes did not cause economic upheavals; the banking system continued to operate in a sustainable way and there were no cases of redistribution of property.
The head of the Armenian government presented the macroeconomic indicators of recent months, stressing that they continue upwards. He referred to those areas strong with cooperation potential: information technology, air traffic, tourism, including eco-and gastro-tourism, food industry, infrastructure development, etc.
“Armenia takes interest in Singapore’s development record and experience, which can be useful in the process of our reforms. We are keen to share know-how and implement joint investment programs,” Nikol Pashinyan pointed out.
High-Tech Industry Minister Hakob Arshakyan presented the potential inherent in Armenia’s IT sector, the development trends, the activities carried out in the field of digitization and cooperation opportunities, while Senior Adviser to Prime Minister Arsen Gasparyan elaborated on the potential available in different sectors of the economy and the promising areas of cooperation.
The SBFF representatives thanked the Armenian Prime Minister and his delegation for imparting detailed information on Armenia’s investment opportunities and went on to assure of their willingness to invest in our country: to this end, they are planning to visit Armenia in the near future.
The meeting was attended by top executives and representatives from companies engaged in the processing industry, hotel management, textile industry, import and export of agricultural products, IT, etc. The sides agreed to organize reciprocal visits of business delegations to get to know on the spot each other’s investment and interaction opportunities.
Prime Minister Pashinyan advised that Armenia will be hosting the annual World IT Congress this October and, taking the opportunity, invited Singaporean IT companies to attend that important high-tech event.
The Executive Director of the Singapore Business Federation Foundation said he would forward the Prime Minister’s invitation to the leadership of Singapore’s relevant association.
"This is the Reform that We Expect to Yield Concrete Results” - PM Holds Consultation on the Concept of Ministry of High-Tech Industry Activities
President Armen Sarkissian Held a Farewell Meeting with the Ambassador of Argentine to Armenia
Ararat Mirzoyan Meets with His Colleague of Georgian Parliament
5 Day Weather Forecast in Armenia
Turkish Military Conducts Airstrikes in Northern Iraq
Ararat Mirzoyan Meets with the U.S. Members of Congress
After Shaking Episodes, Germany's Merkel Says She Is Fit for Work
Israel, Bahrain foreign ministers hold first public meeting in US
President of Artsakh Received the Delegation of the Commission Regulating Public Services of Armenia
Preventing Mass Atrocities Against Members of Religious Groups is Absolute Priority For Armenia - FM
President of Artsakh Convenes Consultation in Tigranakert
Plane Evacuation Flying From Moscow Airport to Yerevan Caused by Strange Smell on Board
Nikol Pashinyan Hosts Australia’s New South Wales Premier Gladys Berejiklian
Trump Says the U.S. Navy Downed an Iranian Drone in the Strait of Hormuz
Zareh Sinanyan Pays 1st Foreign Visit to Russia in the Post of Chief Commissioner for Diaspora Affairs
President Armen Sarkissian Hosted Premier of New South Wales Gladys Berejiklian
Head of Parliament Has Meetings with Representatives of the U.S. Armenian Organizations
5 Day Weather Forecast in Armenia
US Preparing to Send Hundreds of Troops to Saudi Arabia Amid Iran Tensions
US House Rejects Bid to Launch Trump Impeachment Proceedings
"Any Armenian Living Outside the Homeland Should Realize That Their Ultimate Goal is to Return to Armenia": Nikol Pashinyan (PHOTOS)
RA-EU Partnership Road-Map Hardly Overlaps EEU Regulations
Magnifier: Office of High Commissioner on Diaspora
Charles Aznavour's Love Letters to Be Put Up for Auction
For Who the Ministry of Diaspora was Abolished
Insight From Yerevan: Outcomes of Armenia And Azerbaijan FM Meeting
PM Nikol Pashinyan, Mrs. Anna Hakobyan Arrive in Singapore on Official Visit; They Met with Local and Neighboring Countries’ Armenian Communities
Armenia Won't Go to Unilateral Concessions which Endanger Artsakh’s Security and Right to Self-Determination
PM: "Our Will Is Unshakable and Our Hand Will Not Flinch Against Those Who Try to Revive the Methods of Violence in the Republic of Armenia"
Artsakh’s Foreign Ministry Welcome the Adoption of the Amendment to the National Defense Authorization Act (NDAA) of the US House of Representatives
Wind: 13 km/h