YEREVAN.- France’s President Francois Hollande will pay a state visit to Armenia, Foreign Minister Edward Nalbandian told reporters on Thursday during a joint press conference with his Latvian counterpart.

Speaking about results of Armenian President’s recent visit, Nalbandian said Sargsyan’s fourth trip to France was effective. He held meetings with President Hollande, Premier, heads of Senate and National Assembly and with the representative of parliamentary friendship groups. The delegation also visited Lyon where President met with the members of the Armenian community and local businessmen.

Nalbandian recalled France is Armenia’s second largest trade partner with 155 French companies functioning in Armenia. The Minister said Armenia is interested in development of decentralized cooperation, adding that Hollande’s visit will give an impetus to bilateral ties.