YEREVAN. – Prime Minister Hovik Abrahamyan on Monday attended the official opening of the investment forum entitled, “Armenia as a Regional Jewelry Industry Center.”

The event is held within the framework of the 4th Yerevan Show 2014 international jewelry exhibition being held in the capital city.

In his welcoming remarks, the PM noted that the forum will contribute to the development of jewelry and the making of investments in Armenia.

“The Government of Armenia underscores and pays a special attention to the development of jewelry, diamond production, and watchmaking.

“The jewelry, diamond production, and watchmaking strategies and their action plan, whose objective is to turn Armenia into a global jewelry hub, have been approved.

“[In addition], Armenia’s [forthcoming] Eurasian Economic Union accession will give new impetus to the development of jewelry,” the Premier specifically noted.

Abrahamyan also highlighted the establishment of the “Meridian” Jewelry Free Economic Zone in Yerevan.

Around 300 domestic and foreign jewelry representatives are participating in the aforesaid investment forum.