Armenian-Chinese investments may boost sectoral cooperation – expert

15:39 • 26.03.15

The joint declaration adopted in the course of the Armenian president’s visit to China is very comprehensive, as it covers important sectors of cooperation, according to an analyst.


Speaking to Tert.am, Liana Hovhannisyan, an expert from the applied politics and research center Hayatsk (view), first of all stressed the importance of economic investments and enterprise support plans enshrined in the document.   “In the context of economic cooperation, I attach importance to Chinese investments in the Republic of Armenia, as well as the agreements over a Silk Road economic zone,” she said,


“The declaration says that the Chinese side ‘encourages and supports’ its enterprises making investments in Armenia. Considering China’s powerful economic potential, as well as the recent years’ investment reforms and opportunities stemming from integration processes, we can state with confidence that the investments made will be beneficial for both Armenian and Chinese entrepreneurs. It is important to also note that the mutual investment may essentially boost sectoral cooperation.”


The expert further commented on the other areas cooperation, including education and science. 
Hovhannisyan said that a bilateral agreement was signed to expand and deepen cooperation between scientific-research inistutions and youth organizations and to promote exchange programs for both countries’ students.

 

She added that the deals signed are not limited only to the above-mentioned sectors, as they extend also to areas such as culture, media, sport, tourism etc. The expert said she thinks that partnership in each separate sector will promote effective and long-range cooperation between the two countries.

 

 

 

 

 

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