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Sargsyan: `Today the Ukraine is the sixth trade partner of Armenia'

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  • Sargsyan: `Today the Ukraine is the sixth trade partner of Armenia'

    Serzh Sargsyan: `Today the Ukraine is the sixth trade partner of Armenia'

    01.07.2011 | 22:55 | www.nt.am | Noyan Tapan | Economy


    (Noyan Tapan - 01.07.2011) RA President Serzh Sargsyan, who is on
    official visit to Ukraine, participated with his Ukrainian counterpart
    Viktor Yanukovich in Armenian-Ukrainian business forum opening at
    trade-industrial palace.

    Serzh Sargsyan delivered a speech in forum and told that
    Armenian-Ukrainian collaboration has a great potential and there is
    mutual interest in implementing it. The speech reads:

    `I exchanged views with President Yanukovich on measures taken for
    overcoming results of global crisis, which influenced our bilateral
    trade and economic collaboration. Ukraine is the sixth trade partner
    of Armenia while it was the third in 2008. We should move more
    dynamically to achieve progress.

    We should deepen collaboration on new technologies, energy,
    communication, and IT spheres. Cultivation of agricultural goods can
    also serve as a good asset. Special attention should be paid to the
    equal balance of tariffs for transit transportation, which will
    directly assist development of trade partnership.

    I am sure that by reducing redundancies, and in many cases the
    transport costs which are not inspiring for business, it will be
    possible to provide more joint investment projects in large companies:
    It is clear that neither the volume of the Ukrainian investments to
    economy of Armenia (4.6 million USD), nor the joint enterprises
    registered in Armenia by the help of the Ukrainian capital, and they
    are only 85, are not able to meet the ends of neither the Armenian,
    nor the Ukrainian sides. Moreover, these volumes do not correspond
    with today's possibilities and potential.

    Now the issue of granting Armenia with market economy status is being
    discussed, we are completing the work on the Associated Partnership
    Agreement. In the nearest future we will begin negotiations with the
    EU over the Agreement of free trade. I speak about this by taking
    relations between the EU and the Ukraine into consideration, because
    the overlap of vectors of our reforms is the additional guarantees
    between our business contacts.

    Armenia is open for mutually beneficial projects in different spheres.
    Both governments will try to do everything for business to be
    comprehensible and transparent.

    It is important that the Armenian-Ukrainian business forum supports
    exchange of information and direct contacts of businessmen, as any
    business first of all is trust.

    I believe this forum will open new projects. I would like to further
    strengthen the partnership between our countries, for the benefit of
    our people. Ukrainian president is well aware of Armenia. Thus, any
    investment made in both Armenia and Ukraine is 100 percent
    guaranteed.'

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