YEREVAN. - Yerevan is ready to present a number of investment projects to Beijing business circles, as well as to organize their visit to Armenia, said Yerevan Mayor Karen Karapetyan, who has been on official visit to China upon Beijing Mayor Guo Jinlong’s invitation on July 26-30.

The two mayors stressed the importance of cooperation between Armenia and China. Karapetyan stressed that Armenia is ready to create favorable conditions for Chinese capital investment in long-term investment programs implemented in Yerevan.

Mayor of Armenian capital also suggested elaborating on the idea of founding Beijing House in Yerevan and Yerevan House in Beijing.

The sides signed a memo of cooperation.