EU Multi-sectoral trade and investment fair in Armenia
The Delegation of the European Union to Armenia together with the European Business Association and the EU chambers of commerce present in Armenia are organizing the first EU Multi-sectoral trade and investment fair (Fair) under the "Europe in Armenia" Expo slogan. The European companies from different sectors, with the potential for the B2B matching opportunity, will exhibit their products and services. Hundreds of invited business visitors from the EU, Armenia, Iran and other countries will take part at the Fair, aiming at establishment of joint ventures and agreements.
The opening ceremony included speeches by H.E. Mr. Piotr Świtalski, Ambassador, Head of the European Union Delegation to Armenia, Mr. Robert Harutyunyan, Deputy Minister of Foreign Affairs of the RA, and Mr. Petros Sourmelis, the Head of Unit, Directorate General Trade, European Commission.
The aim of the Trade Fair was to: 1. Increase the trade turnover between the European Union and the Republic of Armenia, 2. Explore investment advantages, 3. Provide Import and Export opportunities for European and Armenian manufacturers and service providers, and 4. Serve as a meeting place for European, Armenian and other foreign businesses.
The representatives of the EU, Armenian Government, diplomatic representations of the EU member states, international organizations, as well as representatives of the business associations will attend the Fair.
The EU-Armenia-Iran Business forum, took place in the framework of the "Europe in Armenia" Expo. Development Foundation of Armenia was in charge for the organization of "EU-Armenia-Iran" Business forum. Among the agenda topics are the Free Economic Zone in Meghri and Armenia - Iran border managemnt. The forum will hosted participants from the EU, Armenia, Iran and other countries in the region.
In the framework of the EU multi-sectoral trade and investment "Europe in Armenia" Expo, sectorial round tables were held, with participation of stakeholders from private and public sector, dedicated to:
- 10.30-11.30 – "Let us develop Armenia to "the" top Tourism Destination",
- 12.00-13.00 – "Consultants - Key to success in business", and
- 14.30 – 15.30 – " Let us export"
Why Armenia? Despite the fact that Armenia is landlocked small country it provides large opportunities. Armenia is benefiting from the EU GSP+ regime, which means NO customs duty for around 6300 products originated in Armenia and exported to the EU. Because of Armenia's membership to the Eurasian Economic Union (EEU), zero Customs tariffs applied for the Armenian products exported to the EEU. Last but not least, Armenia shares border with Iran. The EEU plans to conclude Free Trade Interim Agreement with Iran covering reduction of customs duties for limited number of agricultural and industrial (pharmaceuticals, textile, steel products, machinery, electrical equipment, vehicles, etc) products. It is planned to have full FTA in long-term perspective. In addition to that, after the EEU new Customs code will enter into force, Armenia will have a right to establish a Free Economic Zone at the Armenian - Iranian border. The FEZ is planned to put in operation by the end of 2017. Besides mentioned advantages, Armenia also has free trade agreements with neighboring Georgia and other CIS countries. More information on Armenia could be found at the website of Development Foundation of Armenia.
The partner company responsible for the construction of booths, design, information dissemination, cleaning, and security is LOGOS EXPO.
For the implementation and management of the Fair, the Heads of the European chambers of commerce represented in Armenia, under the umbrella of European Business Association together with the EU Delegation in Armenia established a Coordination centre. The contact details of which are:
|Name||Mrs. Diana SARUMOVA||Mr. Karen AZARYAN|
European Business Association
Trade Officer Delegation
|Tel./Mob.||+374 77 060306||+374 10 546494 (Ext. 834)|