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Russian-Armenian trade soars 70% in H1

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  • Russian-Armenian trade soars 70% in H1

    New Europe, Belgium
    Sept 1 2007


    Russian-Armenian trade soars 70% in H1

    ARMENIA
    1 September 2007 - Issue : 745


    Russian President Vladimir Putin and Armenian President Robert
    Kocharian noted the positive dynamics in trade and economic relations
    between the two countries, in particular in investment cooperation,
    at a meeting in Sochi, Russian presidential aide Sergei Prikhodko
    told Interfax.
    The parties "hailed the high volume of trade and strong economic
    cooperation between Russia and Armenia. Bilateral trade turnover grew
    70 percent in the first six months of the year," Prikhodko said.
    "Kocharian hailed the ever-growing interest of Russian businesses in
    investing in his country," the presidential aide said. "The high
    growth rates of the Russian and Armenian economies make investment
    projects more attractive," he added. "Energy and the development of
    transport networks are being actively discussed as well," Prikhodko
    said.
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