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Armenian Georgian Trade In 2014 Exceeds $500 Million

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  • Armenian Georgian Trade In 2014 Exceeds $500 Million

    ARMENIAN GEORGIAN TRADE IN 2014 EXCEEDS $500 MILLION

    YEREVAN, December 24. / ARKA /. The Armenian-Georgian trade in the
    outgoing year will exceed $500 million, Georgia's deputy prime minister
    Giorgi Kvirikashvili said today.

    Speaking to reporters in Yerevan after a meeting of the
    Armenian-Georgian task force on trade and economic issues the Georgian
    official said the bilateral trade in the first ten months of 2014
    reached $450 million, higher than the total trade between the two
    countries in 2013. Kvirikashvili said Armenia is one of the leading
    trade partners of Georgia.

    "We will do everything possible to build up these relations," he said.

    On the devaluation of Georgia's national currency, Lari, he said it
    has affected the economy of the country.

    "We live in a region where not everything is all right. Naturally,
    the devaluation affects domestic economy. We continue trading with all
    our partners, but the trend of recent months is not what it used to be,
    but we hope that it will not continue into the next year. Of course,
    2015 will be a challenging year, but we expect a 5% real growth in
    Georgia," he said.

    In Yerevan Armenian and Georgian officials will look into developing
    their relations in the context of Armenia's membership in the
    Russia-led Eurasian Economic Union and Georgia's associated relations
    with the European Union, construction of a new bridge at Bagratashen
    border crossing and the transit of Armenian goods through the territory
    of Georgia. -0-

    http://arka.am/en/news/economy/armenian_georgian_trade_in_2014_exceeds_500_millio n/#sthash.QbB4DPAi.dpuf

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