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Armenia best matched for doing business with California – PM

Armenia is the country, which best matches for doing business with California, Armenian Prime Minister Nikol Pashinyan said in an address to California’s business community. 

“We see tremendous opportunities for tapping into California’s huge trade and investment potential,” the Prime Minister added.

He said “wine-making, information technologies, tourism and agriculture are among the most developed sectors of Armenia’s economy.”

At the same time, these are the areas where California keeps global leadership for many years, Nikol Pashinyan added. 

“There is a fertile ground for joint business initiatives. The existence of the vigorous Armenian community, which is bounding our countries, is yet another compelling argument proving that we should be working together to strengthen trade and involvement relations between Armenia and California,” Pashinyan said.

“Armenia is known for its rich cultural heritage, vibrant history, hospitality and amazing landscape. But this is not enough to make the image of our country complete. Today we change the way we manage our country and our economy,” the Prime Minister stated.

At the same time, he said, we have to ensure that the Armenian economy is dynamic and responsive to the changes that are taking place around the world.

“Last year the Armenian people opted for change. We chose freedom and democracy over autocracy and demonstrated that nothing is stronger than will, belief and action of the people. However, political change is only the first step. We shall translate the will and aspiration of our people into economic and social development, Pashinyan stated.

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