Negative Balance Of Armenian Foreign Trade Amounts To About $ 800Mil

NEGATIVE BALANCE OF ARMENIAN FOREIGN TRADE AMOUNTS TO ABOUT $ 800 MILLION

AZG Armenian Daily
28/04/2006

According to the results of the CIS countries foreign trade activities
for 2005, the positive balance of Russia’s foreign trade totaled
to $120 billion 131 million. Kazakhstan and Azerbaijan also have
positive foreign trade balance that amount to $10 billion 496 million
and $146,6 million respectively. The rest of the CIS member states
fixed negative balance, remaining rather an importing than exporting
countries. According to the indicator of the foreign trade negative
balance, Armenia is on the fourth place after Tajikistan, Kyrgyzstan
and Belarus. Then come Moldova ($1 billion 200,6 million), Georgia
($1 billion 624 million) and Ukraine ($1 billion 854 million).