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Armenia, Russia should intensify dialogue and coordinate investment

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  • Armenia, Russia should intensify dialogue and coordinate investment

    news.am, Armenia
    July 8 2011


    Armenia and Russia should intensify dialogue and coordinate investment
    programs - PM



    July 08, 2011 | 21:28

    ROSTOV-ON-DON. - Armenia and Russia marked considerable progress in
    trade and economic cooperation, said Armenian Prime Minister Tigran
    Sargsyan at Armenian-Russian intergovernmental committee sitting in
    Rostov-on-Don on Friday.

    `Goods turnover between Armenia and Russia increased by 10 percent in
    2010, reaching $1 billion. The first four months of current year
    marked turnover increase of 13 percent in relation to relevant period
    of 2010,'' said Tigran Sargsyan.

    He emphasized the volume of Armenian export to Russian market
    increased by 40 percent in 2010 and by 27 percent in the first four
    months of current year.

    Sargsyan also expressed confidence that there are good opportunities
    for deepening cooperation in various fields, such as industry and
    tourism.

    "In order to further deepen cooperation between our two countries we
    should intensify mutual communication and coordinate investment
    plans,' he added.

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