YEREVAN, OCTOBER 29, ARMENPRESS. Prime Minister of Armenia Karen Karapetyan on October 29 visited the 6th International Jewelry and Watch Exhibition “JUNWEX YEREVAN SHOW-2016” in the “Meridian” expo center, press service of the Government told “Armenpress”.

The exhibition center is located in the free economic jewelry zone, where businessmen are granted tax and customs privileges.

This year 80 companies from 14 countries are taking part in the exhibition.

The PM toured the exhibition pavilions, got acquainted with the jewelry, was interested in the activities of companies, the consumption and export volumes of the production, as well as the development projects.

The PM welcomed the participation of both local and foreign companies in the exhibition and attached importance to initiating and implementing practical business projects.

Karen Karapetyan assured that the Government is ready to assist in establishing a production in Armenia, training specialists and creating jobs, increasing the production volume, expanding the market and boosting the further development of the sector.

“If you have tax privileges here, if it is more beneficial for you to run a business here, what is the problem? Come, establish production in Armenia: you will teach the people, will benefit and make profit”, the PM said. He instructed the Minister of Economic Development and Investments Suren Karayan to actively cooperate with the jewelry companies.

The exhibition is organized by the Armenian Jewelers Association under the auspices of the Armenian President and through the Government’s assistance. The exhibition aims to support the jewelry development, to deepen the international cooperation in the sector, to make exchange of experience, as well as bring new ideas and carry out projects.