Jetro representative to visit Armenia

YEREVAN, November 27, /ARKA/. A representative of the Japan External Trade Organization (JETRO) will pay a visit to Armenia to establish new business contacts with local businessmen, Armenian foreign ministry said.

It said the agreement to this end was reached in Tokyo by the visiting Armenian foreign minister Edward Nalbandian and JETRO president Yasup Khayashi. Edward Nalbandian is visiting Japan at the invitation of its government.

The foreign ministry in Yerevan said Nalbandian and JETRO president discussed chances of developing Armenian-Japanese trade and economic cooperation. It said the Armenian minister presented the investment climate of Armenia.

“As a result of the meeting the sides agreed that a JETRO representative will visit Yerevan to discuss with Armenian partners ways to start mutually beneficial cooperation,’ the ministry said.

JETRO, or the Japan External Trade Organization, is a government-related organization that works to promote mutual trade and investment between Japan and the rest of the world. Originally established in 1958 to promote Japanese exports abroad, JETRO's core focus in the 21st century has shifted toward promoting foreign direct investment into Japan and helping small to medium size Japanese firms maximize their global export potential. -0-