YEREVAN. – An event devoted to the development of Armenia-Belgium business ties was held Wednesday at the Embassy of Armenia in Brussels.

Accordingly, memoranda of understanding on cooperation were signed between the Armenia Development Fund, and the Walloon Export and Foreign Investment Agency, Walloon Union of Companies, and Brussels Chamber of Commerce and Industry.

Armenia’s Ambassador to Belgium, Tatoul Markarian, delivered remarks at the event. He noted that the strengthening and deepening of such cooperation between Armenia and Belgium will have a positive impact also on raising the productiveness of respective bilateral cooperation, increasing the contacts between the business circles, and enhancing mutual recognition.