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Johnny Hon, President of the Global Group of Companies and Baroness Caroline Cox, a member of the House of Lords at the Parliament of the United Kingdom of Great Britain met with the president of Armenia, Serzh Sargsyan.
The visit took place in Armenia and was arranged by Baroness Caroline Cox. During the meeting, Baroness Cox, who has been a friend to the country of Armenia for an extended period of time, noted that she would continue to assist the country to the best of her ability.
The Global Group of Companies, which are a venture capital company, are implementing investment strategies in countries around the world. They have expressed an interest in making investments directly into the Armenian economy.
According to Baroness Cox, it would be a benefit to Armenia if Global Group were to make investments in potentially prosperous areas of the Armenian economy.
The areas discussed were mostly high technologies and mining. These are both industries that interest Johnny Hon’s Global Group, and also are dynamic and consistently shifting branches of the Armenian economy. The Global Group would ideally like to start several investment programs in these areas.
The President spoke about the impressive level of Armenia-Chinese relations with both Hon and the Baroness, and also said that many Chinese companies have already been doing business in Armenia, and that the Global Group’s presence in this space would be welcome.