14 June 2022

Qatari Businessmen Association Reviews Investment Opportunities in Armenia

Local
  • QATAR

Doha, June 14 (QNA) - The Qatari Businessmen Association (QBA) discussed, with an Armenian economic delegation, investment opportunities in Armenia, especially in the tourism and agricultural sectors, which represent fruitful areas of cooperation between the two countries.
During the meeting, which was attended by HE Prime Minister of the Republic of Armenia Nikol Pashinyan, the two sides stressed the importance of developing relations between the two countries, as the Armenian delegation called for a close acquaintance with the most important investment features in their country, which in recent years managed to attract the interest of foreign investors.
HE Prime Minister of the Republic of Armenia described Armenia's economic sector as a resilient economy, stressing his optimism for what the World Bank figures show, which predicted 3.5 percent  economic growth for Armenia in 2022, according to the World Bank Group's "Global Economic Prospects" report. The report also expects Armenia's economic growth to be 4.6 percent in 2023 and 4.9 percent in 2024 QBA First Deputy Chairman Hussein Al Fardan stressed the importance of the visit in discussing ways of cooperation between the two countries and working to boost economic and trade relations. He also pointed out the interest of Qatari businessmen in identifying possible areas of cooperation in Armenia and the investment opportunities offered.
For their part, QBA Members expressed their interest in exploring new international markets and their readiness to identify areas of cooperation in Armenia. They also confirmed their keenness to support and develop bilateral relations in various fields, the parties agreed to organize a visit to study these opportunities closely and learn more about the Republic of Armenia. (QNA)

Keywords

Economy, Qatar
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