DFA appoints official representative in Italy: Shaula International LLC to direct Italian businessmen to Armenia

YEREVAN, JUNE 1, ARMENPRESS. Executive Director of the Development Foundation of Armenia (DFA) Armen Avak Avakian and CEO at Shaula International LLC Fabio Lenzi signed a memorandum of understanding aimed at boosting Armenia’s business opportunities and investment environment in Italy through the company’s efforts, the DFA told Armenpress.

Giovanni Ricciulli, Ambassador of Italy to Armenia, attended the signing ceremony.

The Foundation grants Shaula International LLC a status of DFA official representative in Italy. In its turn, Shaula International LLC assumes responsibility to present Armenia’s business environment, privileged trade regimes to Italian companies, as well as to establish base for firm practical ties for the businessmen of both sides.

It is a consulting company, focused on attracting investments to Armenia.

“We need to talk with a business language to Italian business community in order to better and completely understand their business needs: the signing of this MoU with a company that has successful business consulting experience in Italy is the first step of it”, DFA Executive Director Armen Avak Avakian said.

“We are ready to implement this initiative with all efforts to attract more investments and businessmen to Armenia, to boost export and tourism”, CEO at Shaula International LLC Fabio Lenzi said.