Minister of Economy Vahan Kerobyan attended the Armenia-United Arab Emirates (UAE) business forum Monday in Yerevan, the Ministry of Economy of Armenia informs Armenian News-NEWS.am.

"The trade between Armenia and the UAE is increasing year by year, as evidenced by statistical data," Kerobyan noted, in particular, at the event.

Nariman Mohd Sharif Abdulla AlMulla, UAE Ambassador to Armenia, and Abdullah Mohamed Al Mazrouei, President of Federation of UAE Chambers of Commerce & Industry and head of the UAE delegation visiting Armenia, also delivered addresses at the forum.

In addition,  several memorandums of understanding were signed within the framework of this event.

During the forum, the investment appeal and business opportunities of Armenia were presented to the participants, as well as the success stories of companies operating in Armenia with Emirati capital.