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ITAR-TASS, Russia
October 13, 2012 Saturday 01:25 AM GMT+4
Russia-Armenia trade increases by 22,8% for 8 months of 2012
YEREVAN October 13
The trade between Russia and Armenia has increased by 22.8% for eight
months of this year against the same period in the previous year and
reached 818.5 million dollars, Armenian Prime Minister Tigran Sargsyan
said at a meeting of the intergovernmental committee for economic
cooperation here on Friday.
The Armenian premier noted that the Russian imports to Armenia grew
17.2% for this period of time to reach 649.7 million dollars.
"A tangible growth in the exports of Armenian goods and services to
the Russian market deserves a close attention. For this period of time
the Armenian exports grew 50.4% to reach 168.8 million dollars,"
Sargsyan noted. "This is a very important factor that promotes the
economic growth in Armenia," the prime minister pointed out.
Speaking on the implementation of the joint projects, the prime
minister noted "a major progress to provide conditions for the
full-fledged operation of the free economic zones on the premises of
the enterprises Mars and the Yerevan Scientific Research Institute of
Mathematical Machines, which (these enterprises were handed over to
Russia in the process to repay the Armenian interstate debt -
Itar-Tass) the Russian company Sitronics own."
"This project is a pioneering one in the Armenian-Russian cooperation
in innovative and high technological spheres," Sargsyan recalled. "In
case of successful fulfilment these enterprises can become the
flagships of bilateral economic cooperation, determining future
guidelines of its development," he said.
The premier noted that the concept of the program for long-term
economic cooperation between Russia and Armenia until 2020 was
developed and signed. Along with this concept, the draft of the
program was developed and passed the procedure of coordination in each
country. The program was approved at a meeting of the
intergovernmental commission on Friday.
"This is a very important systemic document, which sets detailed
guidelines in Armenian-Russian economic cooperation until 2020,
reflects its priority industries and projects," the premier confirmed.
"In particular, this is cooperation in the energy sector, mining and
processing industries, high technologies and innovations, tourism and
agriculture," the Armenian prime minister underlined.
October 13, 2012 Saturday 01:25 AM GMT+4
Russia-Armenia trade increases by 22,8% for 8 months of 2012
YEREVAN October 13
The trade between Russia and Armenia has increased by 22.8% for eight
months of this year against the same period in the previous year and
reached 818.5 million dollars, Armenian Prime Minister Tigran Sargsyan
said at a meeting of the intergovernmental committee for economic
cooperation here on Friday.
The Armenian premier noted that the Russian imports to Armenia grew
17.2% for this period of time to reach 649.7 million dollars.
"A tangible growth in the exports of Armenian goods and services to
the Russian market deserves a close attention. For this period of time
the Armenian exports grew 50.4% to reach 168.8 million dollars,"
Sargsyan noted. "This is a very important factor that promotes the
economic growth in Armenia," the prime minister pointed out.
Speaking on the implementation of the joint projects, the prime
minister noted "a major progress to provide conditions for the
full-fledged operation of the free economic zones on the premises of
the enterprises Mars and the Yerevan Scientific Research Institute of
Mathematical Machines, which (these enterprises were handed over to
Russia in the process to repay the Armenian interstate debt -
Itar-Tass) the Russian company Sitronics own."
"This project is a pioneering one in the Armenian-Russian cooperation
in innovative and high technological spheres," Sargsyan recalled. "In
case of successful fulfilment these enterprises can become the
flagships of bilateral economic cooperation, determining future
guidelines of its development," he said.
The premier noted that the concept of the program for long-term
economic cooperation between Russia and Armenia until 2020 was
developed and signed. Along with this concept, the draft of the
program was developed and passed the procedure of coordination in each
country. The program was approved at a meeting of the
intergovernmental commission on Friday.
"This is a very important systemic document, which sets detailed
guidelines in Armenian-Russian economic cooperation until 2020,
reflects its priority industries and projects," the premier confirmed.
"In particular, this is cooperation in the energy sector, mining and
processing industries, high technologies and innovations, tourism and
agriculture," the Armenian prime minister underlined.