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Ukraine-Armenia trade grows 14 times in 2003

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  • Ukraine-Armenia trade grows 14 times in 2003

    Ukraine-Armenia trade grows 14 times in 2003
    By Vitaly Matarykin

    ITAR-TASS News Agency
    May 11, 2004 Tuesday

    KIEV, May 11 -- The Ukraine-Armenia trade enlarged by 1.4 times in
    2003, and doubled in January-March 2004 as compared to the first
    quarter of last year, Ukrainian Prime Minister Viktor Yanukovich
    said at a joint press conference with Armenian counterpart Andranik
    Margaryan on Tuesday.

    The press conference followed a sitting of the bilateral cooperation
    commission.

    Yanukovich said trade had intensified within a brief period. Ukraine
    is interested in the construction and modernization of industrial
    facilities in Armenia, he said.

    Armenia will buy or lease several dozens of Ukrainian tractors before
    the end of this year, Margaryan said. Yerevan will also consider
    using Ukrainian cargo planes. Armenia and Ukraine will intensify
    cooperation in tourism.

    Trade between Ukraine and Armenia neared $60 million in 2003.
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