RA Prime Minister Tigran Sargsyan held a meeting February 12 with Korean Ambassador to Armenia Lee Ku Hyung. The RA Government’s press service told NEWS.am that the Armenian Premier stressed Armenia attaches high importance to developing cooperation with South Korea.

Speaking of bilateral trade and economic relations, the RA Premier pointed out the need for relevant laws, establishment immediate business contacts and joint ventures, encouragement of South Korean investments in economic projects in Armenia. In this context, the Armenian Premier pointed out a Korean company’s involvement in the construction of a new power unit at the Yerevan heat and power plant. T. Sargsyan stressed that, with South Korea’s wide experience in railway construction considered, South Korean companies may take interest in the Iran-Armenia railway project.

T.P.