On October 29, Armenian Deputy Foreign Minister Mnatsakan Safaryan visited the Confederation of Indian Industry (CII), the investment promotion agency Invest India, and the Pharmaceuticals Export Promotion Council of India (Pharmexcil) in New Delhi.
The meetings focused on prospects for developing trade, economic and investment cooperation between Armenia and India.
The deputy minister presented Armenia’s economic development potential and current trends, as well as measures being taken to diversify export markets. He highlighted new economic opportunities arising from expanded connectivity amid the peace established in the region.
The participants discussed prospects for developing cooperation and opportunities to deepen engagement in information and high technologies, healthcare and pharmaceuticals, infrastructure and transport connectivity.
Both sides emphasized the importance of establishing direct contacts between the business communities of the two countries, making more effective use of existing potential and expanding mutually beneficial cooperation.
