Italy’s President Ready to Assist Economic Development of Armenia


ROME, JANUARY 27. ARMINFO. Italy is ready to assist the economic
developmentof Armenia, increase of the trade turnover between the two
countries and Italian capital in Armenia. President of Italy Karlo
Adzelio Champi stated during the meeting with President of Armenia
Robert Kocharian, who is in Italy on a visit.

During the meeting the presidents have discussed the relations between
the two countries, a series of issues of regional and international
plan, as well as the process of Armenia;s integration into
Europe. During the president of Armenia has expressed hope that the
first visit of the president of Armenia to Italy will promote the
development of bilateral relations. Kocharian informed his Italian
counterpart about the relations of Armenia and EU and stressed the
importance for Armenia the program “Wide Europe. New Neighborhood
Policy”. In his turn, the president of Italy has expressed readiness
to assist Armenia’s integration into European structures and mentioned
that the Caucasus has a strategic importance for Europe.

Robert Kocharian has also met with the chairman of the parliament of
Italy, chairman of the senate of Italy.

It should be noted that in Jan-Nov 2004 the total volume of trade
turnover between Armenia and Italy was $62.8 mln, which is 26.6% more
than in the same period of 2003.