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March 29
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YEREVAN. - Dozens of Chinese businessmen have arrived in Armenia to take part in an Armenian-Chinese business forum.

Armenian News-NEWS.am turned to some of them for information on specific programs they plans to implement in Armenia.

A representative of a Chinese road and bridge construction corporation said that the corporation wants to take part in contests in Armenia. The corporation is especially interested in a contest for the construction of the North-South corridor and railway.

The China Exim Bank is aimed at assisting Chinese companies in entering the foreign market. A bank representative told Armenian News-NEWS.am that the bank is not yet opening its branch in Armenia as it is different from other commercial banks and does not have many branches even in China. However, if any interesting programs are proposed, the bank may form a group to study them. The Exim Bank is not yet well acquainted with Armenian banks and has not established contacts.

As to whether Armenian businessmen can apply to Chinese banks for loans, the Chinese guest said that Armenian businessmen may borrow loans to work in the Chinese market.

“We are now getting acquainted with Armenian companies and banks to outline cooperation,” The Exim Bank representative said.

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