Armenia, UAE explore joint production, logistics hubs PHOTO

Armenia and the United Arab Emirates are exploring the establishment of production and regional distribution centres in Armenia, as well as joint logistics hubs, Armenian Economy Minister Gevorg Papoyan said.

Papoyan made the remarks following a meeting with UAE Minister of Economy and Tourism Abdullah bin Touq Al Marri in Dubai, Caliber.Az reports per Armenian media.

The sides also discussed processing Armenian agricultural products and manufacturing goods under the brands of UAE companies.

Their talks covered potential cooperation in green hydrogen, renewable energy, tourism and investment.

Earlier, Papoyan signed a memorandum with a UAE-based B2B marketplace that allows Armenian producers to supply up to 40 tonnes of fruit and vegetables per week, with the possibility of increasing volumes.

By Sabina Mammadli