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10 Apr 2019

Belarus invites Armenia to step up investment cooperation

Belarus invites Armenia to step up investment cooperation

MINSK, 10 April (BelTA) – Chairman of the Council of the Republic of the National Assembly of Belarus Mikhail Myasnikovich held a meeting with Armenia’s Ambassador to Belarus Armen Ghevondyan on 10 April, BelTA learned from the press service of the upper chamber of the Belarusian parliament.

The parties discussed trade, economic, investment, and humanitarian cooperation. Special attention was attached to building mutually beneficial cooperation in the Eurasian Economic Union (EAEU).

Belarus is interested in more efficient investment partnership with Armenia. “We need not only to trade with each other but also to set up joint companies for the business of our countries to work more actively with each other,” said Mikhail Myasnikovich. Joint investment projects are still very few. The implementation of those which are in progress proceeds in a very slow pace. “We need to be more specific and follow the path of small projects, gradually gaining experience,” said the chairman of the Council of the Republic. 

The parties talked over supplies of MTZ and BelAZ vehicles to Armenia and considered opportunities for joint manufacturing of mechanical engineering products for third markets.

The parties also discussed cooperation in science and innovations, healthcare and education, expansion of youth contacts, including through youth parliamentarism.

The parties paid close attention to inter-parliamentary ties. According to Armen Ghevondyan, Armenia is interested in strengthening parliamentary contacts with Belarus. This promotes interstate cooperation. “It is important that our inter-parliamentary commission continues its work. Cooperation within the intergovernmental commission is also important,” the ambassador said. He expressed readiness to be a connecting link in the organization of this work.

In turn, Mikhail Myasnikovich added that Belarus is always open for discussion of any issues. “We will render all necessary assistance for your work here to be effective,” he said.

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