17
12, 2011

Serzh Sargsyan received Baroness Caroline Cox and the Founder and President of the Chinese Global Group of Companies Dr. Johnny Hon

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President Serzh Sargsyan received today Baroness Caroline Cox, a member of the House of Lords at the Parliament of the United Kingdom of Great Britain and Northern Ireland, accompanied the Founder and President of the Chinese Global Group of Companies Dr. Johnny Hon and Vice President Keith Bennett, whose visit to Armenia was arranged by the Baroness.

As a venture capital company, the Global Group of Companies, which is implementing investment programs in different countries all over the world, is interested also in making investments in the Armenian economy.

At the meeting, Baroness Cox noted that as Armenia’s friend, she would continue within the limits of her abilities to assist our country and would be happy if this Chinese company makes investments in certain prospective areas of the Armenian economy.

The President of Armenia hailed her initiative and noted that the state bodies in Armenia are ready to discuss and assist the Global Group of Companies in their investment projects.

The parties spoke, in particular, about investment programs in the areas of high technologies and mining - areas which interest the Company and are among the dynamically developing branches of the Armenian economy.

President Sargsyan spoke with satisfaction about the high level of the Armenian-Chinese relations, underscoring that a number of Chinese companies have already been doing business in Armenia, participating in certain programs. He said that he would be glad if the Global Group of Companies follows suit.

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