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Trade Grows By 72.1%

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  • Trade Grows By 72.1%

    TRADE GROWS BY 72.1%

    Panorama.am
    20:19 14/09/2007

    For the first half of this year, compared to the same time frame of
    2006, trade between Armenia and Russia grew by 72.1%. According to the
    government's news department, the 9th session of the Armenian-Russian
    committee concerned with economic issues rated as positive the future
    state of economic and trade relations between the countries.

    As stated in the figures presented, Russia has invested 74 million
    US dollars into Armenia's economy this year, about 3.8 times higher
    than the same time frame last year. Of this amount, 37.8 million are
    strictly investments, with growth in general 24.4 times higher.

    From: Emil Lazarian | Ararat NewsPress
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