Armenia, Russia should intensify dialogue and coordinate investment, Armenia
July 8 2011

Armenia and Russia should intensify dialogue and coordinate investment
programs – PM

July 08, 2011 | 21:28

ROSTOV-ON-DON. – Armenia and Russia marked considerable progress in
trade and economic cooperation, said Armenian Prime Minister Tigran
Sargsyan at Armenian-Russian intergovernmental committee sitting in
Rostov-on-Don on Friday.

`Goods turnover between Armenia and Russia increased by 10 percent in
2010, reaching $1 billion. The first four months of current year
marked turnover increase of 13 percent in relation to relevant period
of 2010,” said Tigran Sargsyan.

He emphasized the volume of Armenian export to Russian market
increased by 40 percent in 2010 and by 27 percent in the first four
months of current year.

Sargsyan also expressed confidence that there are good opportunities
for deepening cooperation in various fields, such as industry and

“In order to further deepen cooperation between our two countries we
should intensify mutual communication and coordinate investment
plans,’ he added.

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