President of Poland visits Armenia Stock Exchange and Central Depository

26.11.2024 | 18:04 Home / News /
The Armenia Stock Exchange and the Central Depository hosted the President of the Republic of Poland, Andrzej Duda, as part of his official visit to Armenia.

The AMX said in a news release that the key objective of President Duda’s visit was to gain insight into the operations and development strategies of the Armenia Stock Exchange and Central Depository, as well as to explore the potential of Armenia’s financial market. This visit holds particular significance, as the exchange has been a member of the Warsaw Stock Exchange (GPW) Group since 2022.

During the visit, the Andrzej Duda toured the AMX office, where he was briefed on the exchange’s current activities, key projects, and future vision.

Following the tour, a closed meeting took place, during which the parties discussed new opportunities for developing Armenia’s financial infrastructure and potential ways for expanding cooperation.

“Our partnership with the Warsaw Stock Exchange fosters the international integration and efficiency of financial markets in Armenia. This is a crucial step for the Armenian capital market, enabling the adoption of European best practices and promoting economic growth,” Hayk Yeganyan, CEO of AMX Group, remarked.

“President Duda’s visit highlights the importance of economic relations between Armenia and Poland. Poland’s experience as one of the leading financial centers in Central and Eastern Europe could play a pivotal role in the development of Armenia’s financial systems.
This visit is particularly significant in the context of ensuring financial market stability and fostering long-term economic growth.

President Andrzej Duda’s visit marks a key milestone in strengthening economic ties between Armenia and Poland, paving the way for new horizons in financial cooperation,” the news release reads.

In 2022, the Central Bank of Armenia and the Warsaw Stock Exchange signed an agreement to sell a controlling stake in the Armenia Stock Exchange. Since then, numerous initiatives have been implemented to advance financial market development, diversify services, and facilitate integration with European capital markets.
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