Trade Grows By 72.1%

TRADE GROWS BY 72.1%

Panorama.am
20:19 14/09/2007

For the first half of this year, compared to the same time frame of
2006, trade between Armenia and Russia grew by 72.1%. According to the
government’s news department, the 9th session of the Armenian-Russian
committee concerned with economic issues rated as positive the future
state of economic and trade relations between the countries.

As stated in the figures presented, Russia has invested 74 million
US dollars into Armenia’s economy this year, about 3.8 times higher
than the same time frame last year. Of this amount, 37.8 million are
strictly investments, with growth in general 24.4 times higher.

From: Emil Lazarian | Ararat NewsPress

You may also like

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS