Three Memorandums of Understanding signed Executive Director of BSMEPA Dr. Boyko Takov on Wednesday with Armenian partner organizations. The ceremony was held in Yerevan, Armenia, where Mr. Takov participated in the final part of the VIII-th session of Bulgarian-Armenian Intergovernmental Commission for Economic and Scientific and Technological Cooperation.
Within the official part of signing, Executive Director of BSMEPA signed memorandums with presidents of the Union of Manufactures and Businessmen (Employers) – Mr. Arsen Kazariyan; Republican Union of Employers of Armenia – Mrs. Nare Sargsian, as well as with the president of the public organization “Center for the Development of Small and Medium-Sized Entrepreneurship in Armenia” (SME DC NGO) – Mrs. Kennic Malhassian.
The Memorandums of Understanding ensures that Bulgarian Small and Medium-sized Enterprises Promotion Agency and the Armenian organizations will be partners in development of small and medium-sized enterprises, providing real opportunities for expanding business contacts between enterprises from Bulgaria and Armenia. The two sides are undertaking trade-related business exchange information, investment opportunities, policies and measures taken by each of the two governments to promote the internationalization of SMEs.
Both countries will cooperate in organizing events to serve small and medium-sized enterprises such as exchanges of entrepreneurs’ visits, organizing their participation in business forums and seminars, trade fairs, exhibitions and other promotional activities.