YEREVAN, Armenia – Armenia is preparing to host a significant international event in 2026: the ‘Crossroads of Peace’ investment conference. This landmark announcement was made by the Minister of Economy of the Republic of Armenia, Gevorg Papoyan, during his working visit to Egypt. The minister extended a formal invitation to Egypt’s Minister of Agriculture, Alaa Farouk, to attend and participate in this pivotal summit.
Armenia’s Vision: ‘Crossroads of Peace’
The ‘Crossroads of Peace’ initiative reflects Armenia’s strategic vision for regional cooperation and economic development. By positioning itself as a hub for investment and dialogue, Armenia aims to foster stronger ties with international partners and attract foreign capital. The conference is expected to draw a diverse range of investors, policymakers, and business leaders from across the globe, focusing on key sectors of the Armenian economy.
Minister Papoyan’s Diplomatic Engagements in Egypt
Minister Papoyan’s current working visit to Egypt underscores Armenia’s active engagement in strengthening bilateral relations and promoting its economic agenda on the international stage. During his meeting with Egyptian Agriculture Minister Alaa Farouk, discussions likely centered on potential areas of collaboration, including agricultural development, trade, and investment opportunities that could be explored further at the upcoming conference.
Anticipated Impact of the Investment Conference
The ‘Crossroads of Peace’ investment conference is anticipated to have a profound impact on Armenia’s economic landscape. It is expected to:
- Attract Foreign Investment: Showcase Armenia’s investment potential across various sectors, including technology, agriculture, tourism, and infrastructure.
- Foster Regional Cooperation: Promote dialogue and collaboration among regional and international stakeholders, reinforcing Armenia’s role as a bridge between East and West.
- Boost Economic Growth: Drive job creation and stimulate economic growth through new ventures and partnerships.
- Enhance International Profile: Elevate Armenia’s standing as a reliable and attractive destination for international business and investment.
The government of Armenia views this conference as a crucial step towards achieving its long-term economic objectives and ensuring sustainable development in the region.
Future Preparations and Expectations
While the specific dates and detailed agenda for the ‘Crossroads of Peace’ conference are yet to be announced, preparations are expected to intensify in the coming months. The Ministry of Economy will likely collaborate with various governmental and private sector entities to ensure the successful execution of the event. The invitation extended to Minister Farouk suggests a strong emphasis on agricultural investment, a sector where both Armenia and Egypt have significant interests and potential for cooperation.
The Armenian delegation’s ongoing visit to Egypt is a testament to the country’s proactive approach to international diplomacy and economic partnership. Further details regarding the conference, including participating countries and key speakers, are expected to be released as the event approaches.
Source: https://armenpress.am/hy/article/1238143/amp
