Business

Egypt’s Amb. to Yerevan, Armenian Economy Minister Discuss Bilateral Cooperation

Ambassador Serenade Gamil, The Egyptian Ambassador to Armenia met with Mr. Gevorg Baboyan, Armenia's Minister of Economy, to discuss various aspects of bilateral relations and explore ways to enhance cooperation between the two countries. Their conve...


Ambassador Serenade Gamil, The Egyptian Ambassador to Armenia met with Mr. Gevorg Baboyan, Armenia’s Minister of Economy, to discuss various aspects of bilateral relations and explore ways to enhance cooperation between the two countries. Their conversation covered multiple areas, including economic collaboration, increasing trade exchange, boosting investment volumes, and the potential for organizing international and specialized exhibitions and business forums.

Ambassador Gamil emphasized the importance of strengthening the friendly relations between Egypt and Armenia, particularly in the realm of investment and leveraging Egyptian expertise in developing new cities.

In turn, Minister Baboyan highlighted the significance of implementing joint investment initiatives, focusing on promising sectors such as technology, agriculture, renewable energy, light industry, and textiles.

Source: State Information Service Egypt