1 minute read
Deputy Minister of Foreign Affairs and International Trade Mnatsakan Safaryan held meetings in New Delhi on October 29 with the Confederation of Indian Industry, the investment promotion agency Invest India, and the Pharmaceuticals Export Promotion Council of India (Pharmexcil).
The Deputy Minister presented Armenia’s economic development potential and current trends, as well as steps being taken to diversify export markets. He emphasized the new economic opportunities created by expanding connectivity amid the establishment of peace in the region, according to a ministry press release.
The two sides discussed prospects for developing Armenia-India trade, economic and investment cooperation, particularly opportunities to deepen collaboration in information technology and high technology, healthcare and pharmaceuticals, infrastructure, and transport links.
Both sides emphasized the importance of establishing direct contacts between the business communities of the two countries, making more effective use of existing potential, and expanding mutually beneficial cooperation.