YEREVAN. – President of Armenia Serzh Sargsyan on Saturday received a group of Argentine Armenian philanthropists who, in cooperation with the Hayastan [(Armenia)] All Armenian Fund, are implementing charitable projects in Armenia for around eight years, and whose total value amounts to about US$3.5 million.

The Presidential Press Office informed Armenian News-NEWS.am that Sargsyan lauded the patriotic activities of these benefactors and thanked them.

The President underscored the Argentine Armenians’ contribution also to the development and strengthening of Armenia, ever since its independence in 1991. 

Considering that the benefactors attending this talk are successful businessmen, the President also discussed with them the avenues for these businessmen to establish business enterprises in Armenia, and in the domains that are promising for the country’s economy.

The Argentine Armenian benefactors, for their part, noted with satisfaction that positive changes are noticed year by year during their visits to Armenia, and that they likewise are considering gradually switching from beneficence to investments in the country.