YEREVAN, APRIL 7, ARMENPRESS. The Armenia-Georgia business forum has started in Georgia. Armenian Minister of Territorial Administration and Infrastructure Gnel Sanosyan made an opening speech, ARMENPRESS was informed from the Ministry of Territorial Administration and Infrastructure.

Minister Sanosyan welcomed all participants of the business forum and thanked for organizing the important workshop aimed at revitalizing Armenian and Georgian business contacts.

"I am sure that the forum in this format will give the businessmen of Armenia and Georgia the opportunity to get to know more thoroughly the economic environment, investment opportunities of the two countries and, of course, will contribute to the establishment of business relations with representatives of various fields. There is no doubt that the centuries-old friendship between the two countries, based on common values and historical heritage, creates a solid foundation and fertile ground for our future cooperation. Further development and deepening of relations with Georgia are among the important priorities of our country's foreign policy," Minister Sanosyan emphasized.

The minister also noted that the economic component occupies a significant place in Armenian-Georgian interstate relations, and in this context it is extremely important to hold a joint Armenian-Georgian business forum, which provides a good opportunity to establish ties for long-term cooperation and strengthen trade and economic ties between the two countries.

The minister also noted that the current investment legislation of Armenia provides equality for all businessmen, which practically means that the legal regime for doing entrepreneurship cannot be less favorable for foreigners than the legal regime provided to the citizens of the Republic of Armenia.

"Today we have a fast growing economy, a stable macroeconomic environment and free investment legislation. The available experienced, creative and competitive human capital, easy access to large markets, as well as the Government's commitment to continuously improve the business environment, create all the preconditions for foreign investors to conduct profitable business activities in Armenia," Minister Sanosyan concluded his speech.

During the conference, a slide show on Armenia's investment opportunities was presented.