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  • Mutually Beneficial Trade and Economic Cooperation Between Armenia a

    MUTUALLY BENEFICIAL TRADE AND ECONOMIC COOPERATION BETWEEN ARMENIA
    AND RUSSIA POSSESSES SIGNIFICANT UNUSED POTENTIAL

    YEREVAN, May 20. /ARKA/. Armenian Premier Andranik Margaryan received
    today the RF Minister of Regional Development Vladimir Yakovlev.
    According to the Public Relations and Press Department of RA
    Government, Margaryan and Yakovlev spoke about the perspectives of
    mutual cooperation between Armenia and Russia and emphasized the
    issues of further development of trade-economic and inter-regional
    contacts in areas of certain achievements in the last two years. In
    particular, according to the Armenian Premier, the economic and
    trade cooperation had considerably increased with Perm and Sevrdlovsk
    entailed by the visits of the Governors of these regions to Armenia in
    the beginning of this year. Contacts are also actively developing with
    Moscow. However, according to the participants of the meeting, there
    still exists a significant unused potential for mutually beneficial
    trade and economic cooperation between the countries, including
    intensification of contacts between the business circles between
    certain administrative subjects of RF and Armenian regions, growth
    of mutual investments, establishment of joint enterprises. The sides
    also mentioned establishment of transport communication for further
    development of bilateral cooperation. The participants also touched
    upon the issues of tourism, education, science, culture in the context
    of cooperation and noted that a considerable role may have the Armenian
    community of Russia. The Minister of Regional development of Russia is
    in Armenia to participate in XXI session of Intergovernmental Council
    on Cooperation and Construction Activities of CIS countries. L.V.--0-
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