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Russian, Armenian Presidents Target $1 Bln In Bilateral Trade

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  • Russian, Armenian Presidents Target $1 Bln In Bilateral Trade

    RUSSIAN, ARMENIAN PRESIDENTS TARGET $1 BLN IN BILATERAL TRADE

    RIA Novosti
    June 24 2008
    Russia

    Armenian President Serzh Sarkisyan said annual trade between Armenia
    and Russian should pass $1 billion in a couple of years.

    "Trade has significantly increased, but I suggest that in a year or two
    this figure will be valued not in millions of dollars, but billions,"
    said the Armenian leader, who is in Moscow on a three-day visit.

    "It is a good aim, let's work on this together," Russian President
    Dmitry Medvedev said.

    Last year, trade between the two countries reached $800 million,
    and Medvedev said Russian investors had poured $1.2 billion into
    Armenia's economy.
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