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COMMODITY TURNOVER BETWEEN ARMENIA AND RUSSIA UP 15.8% TOTALING AROUND 1 BILLION DOLLARS IN 2011
arminfo
Tuesday, February 7, 14:00
Commodity turnover between Armenia and Russia was up 15.8% totaling
around 1 billion dollars in 2011 (994.4 mln dollars), Vice Premier
of Russia Victor Zubkov said at a joint briefing with Armenian Prime
Minister Tigran Sargsyan on Tuesday.
He called it a record-breaking indicator for the last 4 years.
Nevertheless, Zubkov said, the two countries have more potential and
the current level of commodity turnover can be increased. Russia
is ready to support Armenia in the fields of seed growing, cattle
breeding and import of agricultural equipment. "Rosselkhozbank and
Rosagroleasing are expected to open branches in Armenia. The loan
book of Rosselkhozbank totals 1.5 bln rubles. It is the biggest
bank in Russia," the Vice Premier said. The statutory capital of
Rosagroleasing amounts to 80 billion rubles. A poultry joint venture
may be established in future, in particular, a turkey breeding
company. There are also good opportunities for cooperation in the
education and culture sectors. Zubkov said that Lomonosov Moscow
State University is expected to open a branch in Armenia shortly. A
strategic cooperation project for 2020 is currently developed. The
project will be submitted to the Armenian-Russia Intergovernmental
Commission for consideration. "We have a big desire to actively
cooperate with Armenia," the Russian vice premier said.
arminfo
Tuesday, February 7, 14:00
Commodity turnover between Armenia and Russia was up 15.8% totaling
around 1 billion dollars in 2011 (994.4 mln dollars), Vice Premier
of Russia Victor Zubkov said at a joint briefing with Armenian Prime
Minister Tigran Sargsyan on Tuesday.
He called it a record-breaking indicator for the last 4 years.
Nevertheless, Zubkov said, the two countries have more potential and
the current level of commodity turnover can be increased. Russia
is ready to support Armenia in the fields of seed growing, cattle
breeding and import of agricultural equipment. "Rosselkhozbank and
Rosagroleasing are expected to open branches in Armenia. The loan
book of Rosselkhozbank totals 1.5 bln rubles. It is the biggest
bank in Russia," the Vice Premier said. The statutory capital of
Rosagroleasing amounts to 80 billion rubles. A poultry joint venture
may be established in future, in particular, a turkey breeding
company. There are also good opportunities for cooperation in the
education and culture sectors. Zubkov said that Lomonosov Moscow
State University is expected to open a branch in Armenia shortly. A
strategic cooperation project for 2020 is currently developed. The
project will be submitted to the Armenian-Russia Intergovernmental
Commission for consideration. "We have a big desire to actively
cooperate with Armenia," the Russian vice premier said.