YEREVAN, MAY 29, ARMENPRESS. Minister of Economic Development and Investments of Armenia Suren Karayan met with the business representatives of St. Petersburg on May 29. The visit was organized by the initiative of the Committee for external relations of St. Petersburg. Representatives of leading companies were comprised in the delegation.

As “Armenpress” was informed from the press service of the Ministry of Economic Development and Investments, the representative of the "AGROPOLIS" center presented their functions and activities to the Armenian Minister, noting that they are interested in cooperating with Armenian companies, particularly in the sphere of agricultural products and processed food. The businessman noted that the label “Made in Armenia” is rather demanded in Russia.

The representative of “GEROPHARM” company noted in the meeting with Minister Karayan that their company is engaged in medicine development and production. According to the businessman, their company is interested in establishing production in Meghri’s free trade zone. Minister Karayan introduced the advantages of doing business in Meghri’s free trade zone, as well as the opportunities as a result of the preferential trade regimes granted to Armenia by the EU and other countries. The Minister added that the state is ready to assist the businessmen in providing them with necessary information and some other issues.

Cooperation opportunities were discussed with each of the Russian companies and specific agreements were reached to implement them.