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EU Armenia's Biggest Trade Partner

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  • EU Armenia's Biggest Trade Partner

    EU ARMENIA'S BIGGEST TRADE PARTNER

    PanARMENIAN.Net
    09.01.2007 19:07 GMT+04:00

    /PanARMENIAN.Net/ One of the significant parts of relations between
    Armenia and the European Union is bilateral trade. As is mentioned
    in the RA MFA annual report on Armenia's foreign activities in 2006,
    EU is the biggest trade partner of Armenia. In January-September
    period of 2006 commodity circulation between the two sides made up
    $766 million, which is 12% higher than in 2005.

    The document also underlines that during bilateral contacts the
    European Union emphasizes the importance of peaceful solution of the
    Nagorno Karabakh conflict.

    Peter Semneby, the European Union special representative in the
    South Caucasus, repeatedly expressed readiness to assist the OSCE MG
    Co-Chairs in the process of peaceful solution of the problem. The EU
    expressed willingness to participate in the process of post-conflict
    period reconstruction, down to stationing of peacemakers. During his
    last visit Semneby expressed his readiness to deepen the direct ties
    between the EU and NKR.
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