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Armenia-China Trade Turnover Grows Several Times In Recent Years

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  • Armenia-China Trade Turnover Grows Several Times In Recent Years

    ARMENIA-CHINA TRADE TURNOVER GROWS SEVERAL TIMES IN RECENT YEARS

    ARKA
    Aug 7, 2008

    YEREVAN, August 7. /ARKA/. The volume of trade turnover between
    Armenia and China grew several times in the recent years, said Armenian
    President Serge Sargsyan said in his exclusive written interview to
    Sinhua Agency.

    One of the biggest joint projects - construction of Shansi-Nairit
    chloroprene rubber factory with an annual output of 30,000 tons dear
    Daton town - is to be completed soon, the President said. He also
    pointed out developments recorded in agriculture, high technologies
    and humanitarian field.

    Long-term sports and cultural projects are being elaborated,
    Sargsyan said.

    He also said Armenia will try to demonstrate both its achievements
    and potential for cooperation in the EXPO-2010 exhibition to be held
    in Shanhai.

    Armenia-China cooperation is based on over 40 interstate and
    intergovernmental agreements.

    Armenian President considered the country's political relations with
    China as not having any problems and involving close approaches on
    regional and international issues.

    Armenia is watching closely the modernization reforms, as well as
    development of dynamic socialistic society by the leadership of the
    Chinese People's Republic, Sargsyan said.

    In January-June, Armenia's turnover with China totaled $148.2mln -
    an 87.8% increase. Armenia's exports to China was $752,100 (26.2%
    increase), imports - $147.4mln (88.3% increase).

    From: Emil Lazarian | Ararat NewsPress
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