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Lithuania and Armenia have untapped opportunities to boost their tra

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  • Lithuania and Armenia have untapped opportunities to boost their tra

    Lithuania and Armenia have untapped opportunities to boost their trade relations

    YEREVAN, October 24. / ARKA /. Lithuania and Armenia have untapped
    opportunities to boost their trade relations, Lithuania's foreign
    minister Linas Linkevicius said today in Yerevan during a joint press
    conference with his Armenian counterpart Edward Nalbandian.

    "There is great potential for the development of our relations. The
    trade between the two countries is not yet able to impress, but we see
    the potential,"said Linkevicius

    He stressed that both Lithuania and the European Union are ready to
    develop relations with Armenia in all spheres looking at it as a
    partner, "but the only question is to what extent it is compatible
    with political course chosen by Armenia'."

    In turn, Edward Nalbandian singled out the opening of embassies in
    both countries and frequented visits.
    "The Armenian side is interested in further development of bilateral
    relations. I would like to underline the importance of the
    Armenian-Lithuanian intergovernmental commission, which contributes to
    further deepening of our relations," he added.

    Nalbandian also commended Lithuania for recognition of the Armenian Genocide.

    Nalbandian said he and his opposite number discussed international
    issues, the Ukrainian crisis, the situation in the Middle East and
    touched upon the peaceful settlement of the Nagorno-Karabakh conflict.
    Armenian-Lithuanian trade turnover in 2013 stood at $3.4 million. .-0--

    http://arka.am/en/news/economy/lithuania_and_armenia_have_untapped_opportunities_ to_boost_their_trade_relations_/#sthash.SC3SWuRc.dpuf

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