ArmInfo. The Armenian-Chinese Friendship Development Association was established. The founders of the new structure were the Chamber of Commerce and Industry of Armenia and the Chinese company GuoMeng.
According to the Chamber of Commerce and Industry, the purpose of the Association will be to promote the development of economic, commercial, educational and cultural ties between Armenia and China. The initiator of the creation of the structure was a prominent figure in the field of economics Robert Harutyunyan. The main activities of the Association will be the development of economic relations between the two countries, the implementation of investment programs, the development of bilateral trade, the implementation of joint programs in order to enter the markets of third countries, the implementation of joint projects in education and culture.
In order to achieve the goals of the Association, Guo Meng intends to implement various investment programs that will be consonant with the objectives of the One Belt, One Way Program. To accomplish the task, the creation of a joint Eurasian company Guo Meng -Armenia for the management of investments in the following project directions is foreseen: the creation of the international trading company Guo Meng - Armenia. RA, being a member of the EEU and enjoying tax preferences in relations with the European Union and the USA, will become a platform for creating a company that will sell the products of the two countries in international markets.
The establishment of a logistics company is also envisaged, in connection with which Guo Meng will build warehouses in Armenia that will serve trade flows to the EEU countries, the EU and other countries. It is also planned to create an aluminum zone, in connection with which Guo Meng will form an industrial zone for the production of aluminum, in which various Chinese aluminum companies will be represented, as well as processing, analytical and design companies. An educational and cultural center will also be created, the main task of which will be the implementation of programs aimed at developing relations in the sphere of education and culture. This center will be responsible for the implementation of projects in Armenia within the framework of the "One Belt, One Way" program. As one of the largest companies providing international services, GuoMeng will actively cooperate with the Armenian government in order to achieve its objectives. In this regard, a memorandum of cooperation was signed with the executive body.