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NK conflict has negative impact on Armenia-Russia trade relations

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  • NK conflict has negative impact on Armenia-Russia trade relations

    Pan Armenian News

    KARABAKH CONFLICT HAS NEGATIVE IMPACT ON ARMENIA-RUSSIA TRADE RELATIONS


    15.09.2005 04:57

    /PanARMENIAN.Net/ Within the framework of Armenia EXPO 2005 forum the
    official opening of Armenian-Russian Cooperation 2005 business meeting took
    place September 15. As President of the Union of Industrialists,
    Entrepreneurs (Employers) of Armenia Arsen Ghazaryan stated in the course of
    the opening ceremony, the business forum will be composed of 2 parts:
    official opening and 2 round tables. In his words, in the course of the
    forum issues referring to restoration of previous contacts between Armenia
    and Russia will be discussed. As A. Ghazaryan noted, the Armenian-Russian
    economic cooperation experiences some cooling at present due to blockade of
    the Armenian borders and frequently passive behavior of entrepreneurs
    themselves. However, the Armenian export to Russia has increased and the
    total commodity turnover between the two countries increased 20-25% past
    year, he noted. In his words the indicators will be maintained in 2005 and
    2006 and increased if possible. In his words head of the Armenian MFA
    Department of CIS Countries Vardan Hakobyan said that the MFA will make
    every effort to provide for normal functioning of business relations between
    the two countries. In the opinion of many Russian regional representatives,
    absence of direct communications and the Nagorno Karabakh conflict have a
    negative impact on the Armenian-Russian trade relations. As First Secretary
    of the Russian Embassy in Armenia Andrey Mokrousov stated, the Embassy makes
    every effort to develop cooperation of Russian and Armenian regions, and the
    holding of events like the Cooperation 2005 business meeting contributes to
    it. It the course of her speech Deputy Chairman of the Committee on
    Enterprise Promotion of Moscow District Lyudmila Molchanova indicated
    disturbance of economic ties between Moscow and Armenia, conditioned by the
    NK conflict not settled state, non-functioning of the Abkhazian part of the
    railway and the transport blockade of Armenia among other causes. In her
    words a Moscow governmental delegation will arrive in Armenia soon. It
    should be noted that individual business meetings will be held within
    Cooperation 2005 and business contracts will be signed resulting from these.
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