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Armenian Ambassador To Germany Believes That There Are Unused Opport

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  • Armenian Ambassador To Germany Believes That There Are Unused Opport

    ARMENIAN AMBASSADOR TO GERMANY BELIEVES THAT THERE ARE UNUSED OPPORTUNITIES IN THE ARMENIAN-GERMAN ECONOMIC COOPERATION

    MediaMax, Armenia
    Feb 21 2007

    Yerevan, February 21 /Mediamax/. The Chairmanship of Germany in
    the European Union can play a positive role in the Armenian-German
    political cooperation.

    Mediamax reports that the Armenian Ambassador to Germany Karine
    Kazinian said this in the "Friday" press club today. According to
    him, during the period of Armenia's independence the volume of German
    investments in the Armenian economy made over 200mln euro; and the
    annual trade turnover between the two countries reaches 400mln euro.

    At the same time, the Ambassador thinks that the given indices are
    not high, taking into consideration Germany's potential.

    Karine Kazinian stressed that there are unused opportunities from
    the point of view of mutually beneficial cooperation in the sphere
    of chemical industry, mechanical engineering and etc.

    The Ambassador informed that officially there are 30 thousand Armenians
    residing in Germany.
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