An Armenian-Japanese business forum will be held in Yerevan in October. Representatives of largest Japanese companies will participate in it. As stated by Armenian Deputy Foreign Minister Armen Bayburtyan, the arrangement on holding the forum was made at a Moscow round table with participation of Japanese companies that have offices in the Russian capital June 24. As noted by A. Bayburtyan, comprehensive information on the economic situation and investment opportunities in Armenia was provided to the Japanese businessmen. In the course of the round table promising fields of cooperation like tourism, chemical production, energy and electronics were determined. The commodity turnover between Armenia and Japan made over $12 million in 2004. In Bayburtyan’s words, this does not use the potential of bilateral commercial and economic cooperation to the full. He also remarked that in Yerevan he had met with the Japanese Foreign Ministry delegation headed by Deputy Director General of the Department of Europe. In the course of the meeting the parties discussed a wide spectrum of bilateral relations, as well as prospects of regional developments with the participation of the Japanese party, Mediamax reported.
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