PM says Armenian brandy and wine can be competitive on Vietnamese domestic market
“The Government’s objective is to transform Armenia into a technological country. The Armenian IT sector has grown fivefold over the past few years. The IT sector keeps winding up in Armenia, and I am glad that our IT specialists have already agreed to implement joint pilot projects,” Prime Minister Nikol Pashinyan stated n Saturday at a meeting with the leadership of Vietnam’s Chamber of Commerce and Industry, including about two dozen major businessmen from Vietnam.
As the government oppress service reported, Pashinyan briefed the host side on the steps taken by his government to improve the business environment in Armenia, stressing that there are no man-made obstacles for investing in Armenia today. The Prime Minister mentioned agriculture, tourism, education and textile industry as prospective areas for cooperation.
The PM next noted that Armenia enjoys free trade regimes with Georgia and the Eurasian Economic Union. Armenia will soon have a similar regime with Iran. The Republic of Armenia has signed GSP and GSP+ trade arrangements with EU countries, the United States and Switzerland.
“I feel that our country can be of great interest to the Vietnamese business circles not only in the aforementioned areas, but also in terms of importing Armenian beverages - brandy and wine, and processed agricultural products. I am confident that they can be competitive on your domestic market,” Nikol Pashinyan said.
According to the report, Pashinyan told Armenian Minister of Economy Tigran Khachatryan to follow up the discussion on the proposals. The Premier said he looked forward to seeing Vietnamese businessmen at the Armenian-Vietnamese business forum due this fall in Yerevan, which is a good opportunity to establish new business contacts.