Yerevan, July 12, Armenpress: Natalia Artsruni, deputy director of an Armenian Development Agency (ADA) department in charge of investment attraction, argued that Armenia's chemical industry's potential is becoming more and more attractive for foreign investors, which she said was largely due to participation in two international chemical exhibitions- the first was Informex exhibition in the USA in January and the second was ChemSpec fair in Germany in June.

She said participation in both exhibitions proved to be very successful. "Visitors of the Armenian pavilions were surprised to discover Armenia's chemical potential and learning that its chemical enterprises are capable of manufacturing around 5,000 chemical compounds" she said. She said the Armenian pavilion in Germany was visited by 200 people, adding that a preliminary agreement was made with L'Oreal company.