Armenian Ambassador to the UAE visits RAK Free Trade Zone

In step with Armenia’s commitment to boost its trade relations with Ras Al Khaimah, the Armenian Ambassador to the UAE, HE Gegham Gharibjanyan, visited Ras Al Khaimah Free Trade Zone (RAK FTZ) one of the fastest-growing and most cost-effective free trade zones in the UAE.

HH Sheikh Faisal Bin Saqr Al Qasimi, Chairman of RAK FTZ, and HH Sheikh Ahmed Bin Saqr Al Qasimi, Chairman of RAK Ports and Customs Department, received HE Gharibjanyan at the RAK FTZ headquarters. The one-day visit of the Ambassador was aimed to boost Armenia’s investments into Ras Al Khaimah as well as to strengthen the business relationship between the UAE and Armenia, and the talks focused on developing business collaboration across various sectors in Ras Al Khaimah, such as healthcare, tourism, education, services, etc.

In his comments on the visit, Sheikh Faisal said: “We are extremely privileged to welcome HE Gegham Gharibjanyan to RAK FTZ and to showcase the world-class facilities and services on offer at the free zone. The UAE shares a cordial relationship with Armenia and we are happy to further strengthen and expand this collaboration. During the talks, we have discussed on a variety of subjects that would achieve this goal, which is commonly shared by the two countries.”

He further added: “Armenia is a very important and strategic market for us. And, after sharing the salient advantages of operating at the free zone, which include the cost effectiveness of setting up business at RAK FTZ, its value-added services, the ease to do business here, and the strategic geographical advantage to serve as a hub for the entire Middle East, we definitely see a vast potential of future cooperation arising out of this visit.”