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International Armenian Trade Network Created in Yerevan Armenian News Network / Groong May 27, 2002 By Hrach Kaspar YEREVAN, ARMENIA A meeting between diasporan chambers of commerce and business organizations took place for the first time on May 25, 2002 in Yerevan. This initiative was held within the framework of the second Armenia Diaspora Conference. Seventeen organizations from 11 countries sent delegations to the meeting which was opened and attended by the Prime Minister of Armenia, His Excellency Andranik Margaryan. Delegations representing Armenia-based chambers and groups, as well as one from Artsakh were also present. Collectively, diasporan Armenian chambers of commerce and business associations form important reference points in trans-national trade and business networks and make up an impressive economic community that can be of value to Armenia. In view of an apparent need for a coordinated effort to promote exports and investments in Armenia, as well as to enhance ties between the various diasporan business communities, delegates adopted a motion to create an Armenian Trade Network. The Armenian Development Agency, which hosted the meeting, assumed the role of the secretariat for the initial phase. A draft outlining the objectives and goals of this new network was presented. Discussions on the organization and development of the Armenian Trade Network will be discussed further during the upcoming days with a concluding session to be held on May 29th, 2002. On May 26, a MADE IN ARMENIA expo showcasing some 100 export-ready companies, mostly small and medium sized enterprises (SMEs), will open in Yerevan at the Government Assembly Hall. On May 29th a Business Seminar presenting the activities of the Armenian Development Agencies, the Enterprise Support Fund and selective Armenian companies will also take place. For further information please contact Mr. Hrach Kaspar info@armeniaforeignministry.com