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ARMENIA'S MINISTRY OF ECONOMY EXPECTS GROWTH OF TRADE WITH CZECH REPUBLIC
YEREVAN, September 12. /ARKA/. Armenia's ministry of economy
is expecting the trade turnover with the Czech Republic to show
year-on-year growth by the end of 2014, despite modest indicators
in the first half of the year, Armenia's deputy minister of economy
Garegin Melkonyan said at the Armenian-Czech intergovernmental
commission on Thursday.
According to the National Statistical Service, Armenia's foreign trade
turnover with the Czech Republic in January-July 2014 amounted to
$9.9 million, down from $13.26 million during the same period of 2013.
"The mutual interest and the activities of the intergovernmental
commission inspire hopes and some confidence the situation and the
indicators will improve in the near future", Melkonyan said.
The Armenian deputy-minister also said there are currently some 25-30
joint ventures with Czechs in the country, and Czech investments in
Armenia amount to about $1 million only. The contractual and legal
framework should be enhanced to achieve improvements, he said.
In particular, the sides have already discussed the signing of an
agreement about promotion and mutual protection of investments and
of a number of other agreements, Melkonyan said.
Deputy minister of industry and trade of the Czech Republic, Vladimir
Bartl, said the platform for contacts between businessmen created as
part of the commission will help ensure businessmen have sufficient
information.
"We have started from scratch, but our working groups have made great
achievements as certain programs have been defined to be further
developed by entrepreneurs", Bartl said. -0--
http://arka.am/en/news/economy/armenia_s_ministry_of_economy_expects_growth_of_tr ade_with_czech_republic/#sthash.2tyJixyE.dpuf
YEREVAN, September 12. /ARKA/. Armenia's ministry of economy
is expecting the trade turnover with the Czech Republic to show
year-on-year growth by the end of 2014, despite modest indicators
in the first half of the year, Armenia's deputy minister of economy
Garegin Melkonyan said at the Armenian-Czech intergovernmental
commission on Thursday.
According to the National Statistical Service, Armenia's foreign trade
turnover with the Czech Republic in January-July 2014 amounted to
$9.9 million, down from $13.26 million during the same period of 2013.
"The mutual interest and the activities of the intergovernmental
commission inspire hopes and some confidence the situation and the
indicators will improve in the near future", Melkonyan said.
The Armenian deputy-minister also said there are currently some 25-30
joint ventures with Czechs in the country, and Czech investments in
Armenia amount to about $1 million only. The contractual and legal
framework should be enhanced to achieve improvements, he said.
In particular, the sides have already discussed the signing of an
agreement about promotion and mutual protection of investments and
of a number of other agreements, Melkonyan said.
Deputy minister of industry and trade of the Czech Republic, Vladimir
Bartl, said the platform for contacts between businessmen created as
part of the commission will help ensure businessmen have sufficient
information.
"We have started from scratch, but our working groups have made great
achievements as certain programs have been defined to be further
developed by entrepreneurs", Bartl said. -0--
http://arka.am/en/news/economy/armenia_s_ministry_of_economy_expects_growth_of_tr ade_with_czech_republic/#sthash.2tyJixyE.dpuf