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Armenia's Joining Customs Union Would Broaden Cooperation - Putin

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  • Armenia's Joining Customs Union Would Broaden Cooperation - Putin

    ARMENIA'S JOINING CUSTOMS UNION WOULD BROADEN COOPERATION - PUTIN

    Interfax, Russia
    Dec 2 2013

    : YEREVAN. Dec 2

    President Vladimir Putin thanked the Armenian leadership on Monday
    for creating a favorable environment for Russian companies.

    Putin said during expanded talks with Armenian President Serzh
    Sargsyan that bilateral trade has reached nearly $1 billion in the
    first nine months of 2013. "We can surpass last year's trade of about
    $1.2 billion," Putin said, adding that Russia remain Armenia's leading
    economic partner in terms of trade and investment.

    "We would like to thank your government for creating favorable
    conditions for Russian investment and businesses," Putin said.

    "I am convinced that if we fulfill the plan to join Armenia to the
    Customs Union and the Common Economic Space - I don't see any barriers
    hampering this plan - more opportunities will open for our joint work,"
    he said.

    Sargsyan spoke about positive trends in bilateral trade, saying that
    Armenia's exports to Russia have increased by 25%, which is very
    important for Armenia. "We will do all we can to augment the positive
    results achieved in recent years," the Armenian president said.

    The Armenian leader also said that important steps had been taken
    lately given Armenia's decision to join the work to form a European
    economic union, "which will help raise our relations to a qualitatively
    new level."


    From: Baghdasarian
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