Russian-Armenian Trade Turnover Is Growing – Lavrov


Interfax, Russia
April 25, 2013 Thursday 12:23 PM MSK

Trade turnover between Russia and Armenia last year exceeded $1
billion, Russian Foreign Minister Sergei Lavrov has said.

“Our trade turnover last year grew by almost one fifth to $1.2
billion. Accrued Russian investment in Armenia totals $3 billion.

These processes have very positive dynamics, so in the near future
we will see even more impressive figures,” he said at a Thursday
press conference following talks with his Armenian colleague Edvard
Nalbandian in Moscow.

Lavrov said that over 20 draft bilateral agreements between Moscow and
Yerevan are now under work. “This year we will pay special attention
to cooperation in the Council of Europe, the functioning of Black
Sea Economic Cooperation [organization] in which Armenia will preside
starting with May,” Lavrov said.

He added that the talks with Nalbandian recognized progress in
implementing the understandings of the leaders of Russia and Armenia
on the possibility of Yerevan’s cooperation with the Customs Union
and the Common Economic Space.

“We appreciate the efforts of the Russian-Armenian commission set up
for considering relevant questions, and the memorandum of interaction
between the Eurasian Economic Commission and the Armenian government
will give an impetus to the process,” he said.

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From: Baghdasarian

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