Armenian PM to enhance cooperation with Germany

Armenian PM to enhance cooperation with Germany
By Tigran Liloyan

ITAR-TASS News Agency
June 21, 2004 Monday

YEREVAN, June 21 — Armenian Prime Minister Andranik Margaryan is
leaving for Germany Tuesday on a working visit to take part in the
Armenian-German economic cooperation forum, the government press
service told Itar-Tass Monday.

The Armenian prime minister plans to meet German Foreign Minister
Joschka Fischer and other top officials.

The level of bilateral economic cooperation with Germany is far from
satisfactory, the press service said. Forty-nine Armenian-German joint
ventures and 17 German enterprises operate in Armenia. The figures are
less than France has in the republic. Meanwhile, Yerevan considers
the German experience as interesting and useful, especially in the
area of alternative sources of energy.

German imports make up 3.4 percent of the total imports to Armenia,
and export – is 6.6 percent of the republican total.

German government granted 107.23 million euros to Armenia within
the framework of the financial cooperation program and 33.46 million
euros – as technical cooperation, the press service said.