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HH: Armenian Diaspora in Britain to invest in Armenia

Hayastani Hanrapetutyun
8 Feb 02

YEREVAN

A delegation headed by the Chairman of Armenian National Assembly officially visited Great Britain for the first time from 27 January to 2 February. During a press conference yesterday, the chairman said that the visit has created a positive political environment for the cooperation between the
two parliaments.

The delegation met many officials as well as representatives of the Armenian Diaspora. They went to St Sarkis church and participated in the St Sarkis celebration. They discussed the current situation in Armenia and the country’s economic problems with the Armenian Daispora. Armenia was
presented as the most stable country in the South Caucasus with a high level ofinternal political stability. A relevant legal environment for investments has been created in the country. Many representatives of the Armenian Diaspora, which has 15,000 members, will have the opportunity to investment
in their native land.

On 28 January, in Westminster Abbey, the delegation was received by the Speaker of the House of Lords, Lord Irwin. They talked about the activities of the two countries’ parliaments, as well as about their cooperation. Armen Khachatryan invited Lord Irwin to visit Yerevan officially.

At the European Bank of Reconstruction and Development [EBRD], the Armenian delegation held a meeting with the bank’s board of directors and the Chairman of the Armenian National Assembly also held talks with the EBRD’s president, Jean Lemmiere.

‘The meeting which was very important and stressed that the investment programme should be continued in Armenia, focused mainly on clarification of some points in Armenia. We said that first of all domestic political stability and an appropriate legal base are necessary for the fulfilment of investment programmes. Today, we can provide all these in Armenia as a result
of our development and asked the bank to increase its activities in
Armenia by means of its investment programme. We also touched on the Karabakh issue.

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