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Kerobyan offered several companies in Germany to open representative offices in Armenia
The delegation headed by Minister of Economy of Armenia Vahan Kerobyan met with Reinold Ungern-Sternberg, manager of the business sector of the German Association of Small and Medium Businesses, in the Armenian pavilion within the framework of the Investment Management Exhibition being held in Frankfurt. It is the largest German association and includes 60% of the country's employees.
Vahan Kerobyan presented the high indicators of RA's economic growth and noted that the change is mainly due to the reforms implemented in the sector.
Informing that many companies have moved and been founded in Armenia during the last year, Vahan Kerobyan suggested that the companies included in the association should also consider the possibility of conducting activities in Armenia and opening representative offices.
An agreement was reached to transfer information about the existing potential in the economic sector through state aid instruments to German companies with the prospect of possible cooperation.
