Faroe Islands - Armenia

On September 29, RA Chamber of Commerce and Industry hosted Dr. Bjorn Kunoy, the head of the representation of Faroe Islands in Moscow. Dr. Kunoy pointed that Faroe Islands is an autonomous region within the Kingdom of Denmark. Still, it does not have economic relations with the Republic of Armenia. Thus, there should be found some ties for cooperation. Further, Dr. Kunoy emphasized that the fact that Armenia has membership in the Eurasian Economic Union, could serve as a bridge for Faroe Islands to enter the bigger market.

The Executive Director of RA Chamber of Commerce and Industry highlighted the importance of signing a Memorandum of Understanding to confirm the first steps and for the further fruitful cooperation.