RUSSIAN, ARMENIAN PRESIDENTS TARGET $1 BLN IN BILATERAL TRADE
RIA Novosti
June 24 2008
Russia
Armenian President Serzh Sarkisyan said annual trade between Armenia
and Russian should pass $1 billion in a couple of years.
"Trade has significantly increased, but I suggest that in a year or two
this figure will be valued not in millions of dollars, but billions,"
said the Armenian leader, who is in Moscow on a three-day visit.
"It is a good aim, let’s work on this together," Russian President
Dmitry Medvedev said.
Last year, trade between the two countries reached $800 million,
and Medvedev said Russian investors had poured $1.2 billion into
Armenia’s economy.