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Armenian, Russian Presidents Striving For Billion-Dollar Trade Turno

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  • Armenian, Russian Presidents Striving For Billion-Dollar Trade Turno

    ARMENIAN, RUSSIAN PRESIDENTS STRIVING FOR BILLION-DOLLAR TRADE TURNOVER

    ARKA
    June 24
    YEREVAN

    The presidents of Russia and Armenia both plan to increase bilateral
    trade turnover to billion dollars in the coming two years, RIA
    Novosti reports.

    Armenia-Russia trade turnover exceeded $0.8bln last year. According to
    Medvedev, Russia has invested some $1.2bln in Armenia's economy. He
    believes this can serve a good basis for bilateral trade-economic
    cooperation.

    Armenian and Russian presidents met today in Kremlin to discuss
    bilateral economic and political cooperation issues, as well as the
    Karabakh conflict settlement.

    The Russian leader suggested that they focus on trade-economic issues.

    Medvedev approved of the dynamic development of Armenian-Russian
    economic cooperation. In his turn, RA President Serge Sargsian
    assured his Russian counterpart that bilateral relations will become
    closer.
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