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.

1. Press releases
Serzh Sargsyan received Baroness Caroline Cox and the Founder and
President of the Chinese Global Group of Companies Dr. Johnny Hon
17.12.2011

President Serzh Sargsyan received today Baroness Caroline Cox, a member of the House of
Lords at the Parliament of the United Kingdom of Great Britain and Northern Ireland,
accompanied the Founder and President of the Chinese Global Group of Companies Dr.
Johnny Hon and Vice President Keith Bennett, whose visit to Armenia was arranged by the
Baroness.
As a venture capital company, the Global Group of Companies, which is implementing
investment programs in different countries all over the world, is interested also in making
investments in the Armenian economy.
At the meeting, Baroness Cox noted that as Armenia’s friend, she would continue within the
limits of her abilities to assist our country and would be happy if this Chinese company
makes investments in certain prospective areas of the Armenian economy.
The President of Armenia hailed her initiative and noted that the state bodies in Armenia are
ready to discuss and assist the Global Group of Companies in their investment projects.
The parties spoke, in particular, about investment programs in the areas of high technologies
and mining - areas which interest the Company and are among the dynamically developing
branches of the Armenian economy.
President Sargsyan spoke with satisfaction about the high level of the Armenian-Chinese
relations, underscoring that a number of Chinese companies have already been doing
business in Armenia, participating in certain programs. He said that he would be glad if the
Global Group of Companies follows suit.