President Sarkissian met with the heads of a number of leading German companies

President Armen Sarkissian, who is in Germany on offcial visit, on November 28 had a wokring lunch with the heads of a number of leading German companies who are working in Armenia or are interested in doing business in Armenia. The meeting was organized by the Embassy of Armenia in Germany, OWC publishing house, Oriental Commision of the German Economy and ''Eastern Europe: Union of Small and Medium Enterprises''. The meeting was attended in particular by the heads of Zepeling, Simmens, SAP, Nokia, Schneider Group, Airbus Group and other companies.

Noting that in different areas of the Armenian economy, a number of companies with German captial is working quite successfully, President Sarkissian at the same time expressed confidence that there is a great potential to expand and deepen cooperation in these areas.

President Sarkissian said that the 21st century is a period of rapid changes, and Armenia is the right country, at the right place: ''It's the right time because we live in the beginning of the 21st century. This is a period of time when everything is changing fast. It's no secret that recently I have finished my book titled «Quant behaviour of global risks». When I say quant, it doesn't mean that laws of the quant mechanics are applicable. Quant means that the behaviour is not classical any more. Means to manage and describe risks in the 21st century are also not classical and will not be. From this point of view, this is the right time for Armenia,'' President Sarkissian said and added that the humanity is going through a rapid evolution and with each year things are changing faster and faster.

The President said that Armenia has been at the crossroad of civilizations for centuries. ''That crossroad may become a bridge because today Armenia is the only country which is a member to the Eurasian Economic Union which means that the country has not just a 3 million strong market but 200 million which includes Central Asia and Russia. Besides, Armenia signed the Comprehensive and Enhanced Partnership Agreement with the EU, and we are striving to deepen cooperation with that structure. It means that Armenia is the only country which maintains strong relations with the East and the West at the same time. Our country is at the right place,'' the President of Armenia underscored.

President Sarkissian presented to the entrepreneurs the primary areas of the Armenian economy, attractiveness for investments and business climate, competative advantages for doing business in Armenia. ''Armenia is an interesting place to make investments. The country has a great potential in different areas ranging from agriculture to light industry, banking system and information technologies,'' Armen Sarkissian said.

Heads of the companies working in Armenia told about their current programs and opportunties to expand them.

To other businessmen participating at the meeting, President Sarkissian suggested to visit Armenia to study at the spot perspective areas of cooperation and to discuss mutually beneficial cooperation.