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Armenian PM to enhance cooperation with Germany

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  • Armenian PM to enhance cooperation with Germany

    Armenian PM to enhance cooperation with Germany
    By Tigran Liloyan

    ITAR-TASS News Agency
    June 21, 2004 Monday

    YEREVAN, June 21 -- Armenian Prime Minister Andranik Margaryan is
    leaving for Germany Tuesday on a working visit to take part in the
    Armenian-German economic cooperation forum, the government press
    service told Itar-Tass Monday.

    The Armenian prime minister plans to meet German Foreign Minister
    Joschka Fischer and other top officials.

    The level of bilateral economic cooperation with Germany is far from
    satisfactory, the press service said. Forty-nine Armenian-German joint
    ventures and 17 German enterprises operate in Armenia. The figures are
    less than France has in the republic. Meanwhile, Yerevan considers
    the German experience as interesting and useful, especially in the
    area of alternative sources of energy.

    German imports make up 3.4 percent of the total imports to Armenia,
    and export - is 6.6 percent of the republican total.

    German government granted 107.23 million euros to Armenia within
    the framework of the financial cooperation program and 33.46 million
    euros - as technical cooperation, the press service said.
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