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Armenia's Membership In EEU Opens Up New Possibilities For Expansion

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  • Armenia's Membership In EEU Opens Up New Possibilities For Expansion

    ARMENIA'S MEMBERSHIP IN EEU OPENS UP NEW POSSIBILITIES FOR EXPANSION OF ARMENIAN-CHINESE ECONOMIC RELATIONS

    YEREVAN, March 26. / ARKA /. Armenia's membership in the
    Eurasian Economic Union opens up new possibilities for expansion
    of Armenian-Chinese economic relations, Armenian President Serzh
    Sargsyan said at a meeting with Chinese prime minister Li Keqiang
    today, Sargsyan's press office said.

    The two men were said to have noted with satisfaction the progress
    in bilateral trade and economic relations. According to the parties,
    despite the significant increase in trade turnover that was worth last
    year more than half a billion US dollars, and the growth of Armenian
    exports to China, the countries should continue efforts to fully use
    the available economic potential, to increase Chinese investment in
    Armenia and implement joint programs.

    They also discussed a set of issues on how to enhance Armenian-Chinese
    cooperation in energy, transport, chemical industry, education,
    science, culture, agriculture, aviation, tourism and infrastructure
    sectors, the press service said.

    It said Sargsyan and Li Keqiang emphasized also the work of the
    joint Armenian-Chinese commission on trade and economic cooperation
    saying the agenda of the next meeting of the commission to be held
    in Yerevan in summer should include long-term Armenian-Chinese
    cooperation projects.

    Sargsyan once again welcomed the Chinese initiative to restore the
    Great Silk Road saying Armenia can also contribute to that effort. In
    this context they spoke about the projected Armenia-Iran railway and
    the possible participation of Chinese companies in the construction
    of a new Armenian nuclear power plant.

    Serzh Sargsyan thanked the Chinese government for a 60 million Yuan
    ($9.7 million) donation that will be used to build a new pavilion
    for Armenian Public Television.

    Armenia's foreign trade turnover with China in 2014 was $588, 4
    million, an increase of 29.4% from the previous year. -0-

    http://arka.am/en/news/economy/armenia_s_membership_in_eeu_opens_up_new_possibili ties_for_expansion_of_armenian_chinese_economic_re/#sthash.4Jy3iDrY.dpuf

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