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There Are Unused Opportunities In Armenian-German Economic Relations

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  • There Are Unused Opportunities In Armenian-German Economic Relations

    THERE ARE UNUSED OPPORTUNITIES IN ARMENIAN-GERMAN ECONOMIC RELATIONS

    ArmRadio.am
    21.02.2007 15:38

    German presidency of the European Union can play a positive role in
    the development of Armenian-German political cooperation, Armenian
    Ambassador to Germany Karine Ghazinyan said at today's press conference
    at Friday Club. In her words, ever since the independence of Armenia
    the volume of German investments into Armenian economy has totaled
    more than 200 million Euros, and the annual commodity turnover between
    the two countries reaches 400 million Euros. At the same time the
    Ambassador considers that these indices are not high, considering
    the capacities of Germany.

    Karine Ghazinyan noted that from the perspective of mutually beneficial
    cooperation there are unused opportunities in the spheres of chemical
    production, machinery construction and others.

    The Ambassador informs that officially 30 thousand Armenians reside
    in Germany.
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