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Minister of Foreign Affairs of the Republic of Artsakh (Nagorno-Karabakh Republic) Masis Mayilian on Monday received renowned Lebanese businessman Nicolas Abou Fayssal.

Mayilian welcomed the visit of Nicolas Abou Fayssal to Artsakh, noting the importance of familiarizing the Lebanese entrepreneur with the economic potential of the country, the Artsakh Foreign Ministry said.

The Artsakh FM noted that the development of foreign economic relations and attraction of foreign investments are among the priorities of the ministry and profile structures of the country, and for the complex implementation of these tasks the authorities of Artsakh are taking consistent steps to ensure stable and transparent frameworks for economic activity in the country and to establish a favorable investment climate.

During the meeting, Mayilian also briefed the Lebanese businessman on the situation in the Azerbaijan-Karabakh conflict zone and on the steps taken to ensure security and conditions for the peaceful development of Artsakh.

Nicolas Abou Fayssal is the founder of the Gardenia Grain D'Or company, which is one of the largest enterprises engaged in agriculture in Lebanon. The company is represented in 50 countries of the world.