Lithuania and Armenia have untapped opportunities to boost their tra

Lithuania and Armenia have untapped opportunities to boost their trade relations

YEREVAN, October 24. / ARKA /. Lithuania and Armenia have untapped
opportunities to boost their trade relations, Lithuania’s foreign
minister Linas Linkevicius said today in Yerevan during a joint press
conference with his Armenian counterpart Edward Nalbandian.

“There is great potential for the development of our relations. The
trade between the two countries is not yet able to impress, but we see
the potential,”said Linkevicius

He stressed that both Lithuania and the European Union are ready to
develop relations with Armenia in all spheres looking at it as a
partner, “but the only question is to what extent it is compatible
with political course chosen by Armenia’.”

In turn, Edward Nalbandian singled out the opening of embassies in
both countries and frequented visits.
“The Armenian side is interested in further development of bilateral
relations. I would like to underline the importance of the
Armenian-Lithuanian intergovernmental commission, which contributes to
further deepening of our relations,” he added.

Nalbandian also commended Lithuania for recognition of the Armenian Genocide.

Nalbandian said he and his opposite number discussed international
issues, the Ukrainian crisis, the situation in the Middle East and
touched upon the peaceful settlement of the Nagorno-Karabakh conflict.
Armenian-Lithuanian trade turnover in 2013 stood at $3.4 million. .-0–

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