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Armenian free economic zone regime good for Russian businessmen

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  • Armenian free economic zone regime good for Russian businessmen

    news.am, Armenia
    July 8 2011


    Armenian free economic zone regime for Russian businessmen will
    contribute to their activities - Russian official



    July 08, 2011 | 15:29

    Rostov-on-Don. - Free economic zone regime for Russian businessmen in
    Armenia will significantly contribute to their activities, said
    Russian Minister of Transport Igor Levitin on Friday, during the
    sitting of intergovernmental commission on economic cooperation
    between Russia and Armenia in Rostov-on-Don.

    `Turnover of goods between Armenia and Russia in 2010 increased by 10
    percent, equaling to $1 billion. The first four months of current year
    marked turnover increase of 14 percent in relation to same period of
    2010,' said Prime Minister of Armenia Tigran Sargsyan, who
    participated in the sitting.

    According to Sargsyan, the sides need to increase the intensity of
    mutual contacts and to establish a permanent exchange of information
    on investment projects of mutual interest.

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