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Russian-Armenian Trade Turnover Is Growing - Lavrov

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  • Russian-Armenian Trade Turnover Is Growing - Lavrov

    RUSSIAN-ARMENIAN TRADE TURNOVER IS GROWING - LAVROV

    Interfax, Russia
    April 25, 2013 Thursday 12:23 PM MSK

    Trade turnover between Russia and Armenia last year exceeded $1
    billion, Russian Foreign Minister Sergei Lavrov has said.

    "Our trade turnover last year grew by almost one fifth to $1.2
    billion. Accrued Russian investment in Armenia totals $3 billion.

    These processes have very positive dynamics, so in the near future
    we will see even more impressive figures," he said at a Thursday
    press conference following talks with his Armenian colleague Edvard
    Nalbandian in Moscow.

    Lavrov said that over 20 draft bilateral agreements between Moscow and
    Yerevan are now under work. "This year we will pay special attention
    to cooperation in the Council of Europe, the functioning of Black
    Sea Economic Cooperation [organization] in which Armenia will preside
    starting with May," Lavrov said.

    He added that the talks with Nalbandian recognized progress in
    implementing the understandings of the leaders of Russia and Armenia
    on the possibility of Yerevan's cooperation with the Customs Union
    and the Common Economic Space.

    "We appreciate the efforts of the Russian-Armenian commission set up
    for considering relevant questions, and the memorandum of interaction
    between the Eurasian Economic Commission and the Armenian government
    will give an impetus to the process," he said.

    ml mk

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