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Armenia to boost trade ties with India in IT, agriculture

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  • Armenia to boost trade ties with India in IT, agriculture

    Armenia to boost trade ties with India in IT, agriculture

    Press Trust of India / Kolkata April 24, 2010, 14:44 IST


    Armenia is focusing on IT, agriculture, diamond cutting and polishing
    to boost trade ties with India, the Eurasian nation's ambassador to
    India, Ara Hakobyan, said today.

    "The economic relations between India and Armenia should improve,
    because there is a lot of potential between the two countries,"
    Hakobyan said.

    "With both Indians and Armenians good at IT, we will have a joint
    project to boost these sectors for international trade. Facilities for
    training, research and development of professionals of both countries
    will be set up," Hakobyan, who came here to attend a programme to
    commemorate the 95th anniversary of Armenian Genocide, said.

    In addition to Mumbai, Armenia will have another honourary consul
    general in Kolkata, where the largest number of Armenian descendants
    live, Hakobyan said.

    The Indo-Armenian Inter-Governmental Commission, which was set up in
    1997, will meet in June for boosting trade between the two countries,
    he said.

    Indian exports to the country consist of food, electrical equipment,
    optical equipment, plastic, pharmaceuticals and chemical
    goods. Armenia exports non-ferrous metals, raw rubber, books and
    textiles.


    http://www.business-standard.com/i ndia/news/armenia-to-boost-trade-tiesindia-in-it-a griculture/92284/on
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