In Riyadh, Armenia’s Minister of Economy Gevorg Papoyan met with the Minister of Economy and Planning of Saudi Arabia, Faisal Alibrahim, the Ministry of Economy of Armenia informs Armenian News-NEWS.am.

The possibilities of expanding economic cooperation between the two countries in technology, energy, agriculture, and tourism were discussed.

Also, the Saudi minister expressed interest in signing a memorandum of cooperation and some other documents aimed at developing trade and economic relations, for the implementation of which bilateral work will be carried out.

In addition, Papoyan presented to his Saudi counterpart the TRIPP and Armenia’s “Crossroads of Peace” projects, as well as the country’s investment environment.