Vanessa Kachadurian-AIWA Armenian International Women's Association 6th annual convention.

http://www.aiwala.org/index.php/events/entry/six_annual_international_conference/

Vanessa Kachadurian, Armenia's main trade partner is China

http://www.arka.am/eng/banks/2011/06/28/26633.html

YEREVAN, June 28. /ARKA/. On Monday, HSBC Commercial Banking in Europe has launched its Trade Exchange event in Shanghai. HSBC has taken 30 of Europe’s leading businesses to Trade Event, where European and Asian business leaders have gathered to explore the immense trade potential already evidenced in China, and discuss how European businesses can best redefine their business plans in a global context.
HSBC Bank Armenia customer Norayr Khachatryan, IMEX Group President (IDEAL System store chain) represents Armenia in the Trade Exchange event in Shanghai. IMEXGroup has been chosen by HSBC Commercial Banking in Europe as a fast growing company well-placed to expand into China.
The delegates include businesses across Europe who are either already doing business with China and see more potential but don’t know how to capitalize on it, or considering the opportunity seriously. The exchanging of information, advice and guidance will take place in the form of key note speeches from industry experts, organizations who specialize in helping businesses do business in China, as well as HSBC experts.
“The Trade Exchange will bring together some of the best business thinkers and entrepreneurial leaders to help European businesses understand the way the world is changing and how they can benefit. HSBC Armenia is very pleased to provide this unique opportunity to its customers, enabling Armenian businesses to shift to a more globalised outlook and go beyond the boundaries of their domestic market”, - said Astrid Clifford, Chief Executive Officer HSBC Bank Armenia cjsc.
Survey conducted among HSBC Bank Armenia Corporate customers in 2010 showed, that for 51 % of Armenian business entity China is the main trade partner.
According to the official data, in recent years the Armenian-Chinese trade relations have significantly improved. Only in 2010 trade between the two countries amounted to about half a billion dollars. Growth was 44.4 percent in comparison with 2009. In the last three years trade turnover between the two countries doubled. –0--
28/06/2011 20:55

Vanessa Kachadurian Armenian Heritage Cruise 2011

Reserve your spot now for the January 2012 cruise!!!

Vanessa Kachadurian-Armenian Ukrainian trade agreement

Armenia President Serzh Sargsyan and Ukraine President Viktor Yanukovych

http://news.am/eng/news/65408.html

Armenia’s President Serzh Sargsyan, who is on official visit to Ukraine, participated with his Ukrainian counterpart Viktor Yanukovych in Armenian-Ukrainian business forum opening at trade-industrial palace.
Sargsyan delivered a speech in forum and told that Armenian-Ukrainian collaboration has a great potential and there is mutual interest in implementing it, president’s press service informs Armenian News-NEWS.am.
“I exchanged views with President Yanukovych on measures taken for overcoming results of global crisis, which influenced our bilateral trade and economic collaboration. Ukraine is the sixth trade partner of Armenia while it was the third in 2008. We should move more dynamically to achieve progress.
We should deepen collaboration on new technologies, energy, communication, and IT spheres. Cultivation of agricultural goods can also serve as a good asset. Special attention should be paid to the equal balance of tariffs for transit transportation, which will directly assist development of trade partnership.
Armenia is open for mutually beneficial projects in different spheres. Both governments will try to do everything for business to be comprehensible and transparent.
It is important that the Armenian-Ukrainian business forum supports exchange of information and direct contacts of businessmen, as any business first of all is trust.
I believe this forum will open new projects. I would like to further strengthen the partnership between our countries, for the benefit of our people. Ukrainian president is well aware of Armenia. Thus, any investment made in both Armenia and Ukraine is 100 percent guaranteed,” the speech reads

Vanessa Kachadurian-German Company interested in Armenian Chemical Giant

Nairet Chemical Plant- Yerevan, Armenia

http://www.azatutyun.am/content/article/24252995.html

Good reporting from my friends at Azatutyun (Liberty) Lets hope and pray that Armenians can control Armenian business.

A German engineering company has expressed an interest in managing Armenia’s largest chemical enterprise facing an uncertain future, the Armenian government announced on Friday.

The Ministry of Energy and Natural Resources said the Chemieanlagenbau Chemnitz company, also known as CAC, has been the only bidder in an international tender for the right to operate the Nairit plant in Yerevan.

“The German company specializing in chemical engineering has submitted a bid,” the ministry spokeswoman, Lusine Harutiunian, told RFE/RL’s Armenian service. “Ministry specialists and representatives of that company will hold a meeting soon.”

“The company’s representatives will present their capabilities in this sector, after which our further actions will become clear,” she said, speaking the day after the official deadline for the submission of bids.

Energy and Natural Resources Minister Armen Movsisian said on June 10 that three foreign firms are participating in the tender. He did not name any of them.

The government and Rhinoville Property Limited, a British-registered obscure firm that owns 90 percent of Nairit, called the bidding earlier this year in another attempt to revive the Soviet-era industrial giant that has struggled to survive for much of the past two decades.

Erratic manufacturing operations at Nairit ground to a halt following the onset of the global financial crisis in late 2008. The plant, whose main product is synthetic rubber, is now operating at a fraction of its capacity.

Only some 500 of its more than 3,000 employees go to work on a regular basis at present. They have not been paid for at least two months.

Several dozen Nairit workers demonstrated outside the presidential palace in Yerevan earlier this month to demand their back wages. Officials from President Serzh Sarkisian’s staff assured them that the wage arrears will be eliminated in the next few weeks.

According to the Nairit administration, all workers received wages and leave pay for March shortly after the protest. “We hope that the rest will be paid soon,” a company spokeswoman told RFE/RL’s Armenian service.

In what may have been a related development, the Nairit director general, Vahan Melkonian, stepped down ahead of an annual meeting of the company’s shareholders held on Thursday. Neither he, nor the company gave any reasons for the resignation.