“Forsage” in Armenia: Memorandum between HayPost and Russian Post

A memorandum was signed yesterday, on 25th September 2012 in Moscow between HayPost and Russian Post, concerning the intention of the two postal operators to make express money transfers by means of “Forsage” system. According to the memorandum, HayPost gets an exclusive right of “Forsage” system transfers over the Republic of Armenia. It means that express money transfers can be carried out from each of the 40.000 post offices of the Russian Post to each of the 900 post offices of HayPost and vice-versa. Press service of the “HayPost” CJSC informs about this.

The solemn ceremony of signing took place in the presence of Managing Director of “HayPost Trust Management” BV Mr. Juan Pablo Gechidjian, Acting Chief Execvutive Officer Mr. Haik Avagyan, Deputy General Director of Russian post Mr. Igor Mandrykin, representatives of the Ministry of Communication of the Russian Federation. This step will allow the postal operators of Russia and Armenia to develop the express money transfers between the two countries, the quality of the rendered services and the inclusion of regions in the provision thereof.

The delegation guided by Trust Manager of HayPost CJSC Mr. Juan Pablo Gechidjian has held several meetings recently in Moscow with the management of Russian Post, reaching agreements regarding the forthcoming intensification and the start of a new qualitative phase of cooperation. It is planned to activate the current procedures functioning between the postal operators of the two countries, resulting in faster and more efficient delivery of money transfers, parcels, letters and other postal items and services to addressees.

The post office network of HayPost CJSC is available all over the Republic of Armenia, particularly, in regions and all the rural communities.

The development of distant trade is another target of the postal operators of Armenia and Russia, which shall be implemented by means of mutual sales of products, presented in catalogues of each other. The volume of EMS transfers is meant to increase due to special programs for corporate clients.