France ready to invest $40 mln for improvement of infrastructures in Armenia

Prime Minister Karen Karapetyan received today French Ambassador Extraordinary and Plenipotentiary to Armenia Jean-Francois Charpentier.

Stressing the special friendly nature of the Armenian-French relations, the Prime Minister praised the rich and comprehensive agenda of bilateral cooperation in different spheres and attached importance to the intensification of joint economic projects.

In this respect, Karen Karapetyan emphasized the significance of the second conference on Armenian-French decentralized cooperation to be held in Yerevan in December.

Jean-Francois Charpentier voiced his willingness to cooperate with the Armenian Government towards implementation of joint programs, further development of bilateral relations and expansion of economic ties.

The Ambassador said the French Development Agency will maintain support for the improvement of infrastructures and is going to invest about $40 mln for that purpose. He also stressed the willingness of a number of French companies to launch activity in Armenia.

The parties pointed to the fields of agriculture, information technologies, tourism as promising spheres of cooperation.

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