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Economic Russia-Armenia Forum Gets Underway In Yerevan

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  • Economic Russia-Armenia Forum Gets Underway In Yerevan

    ECONOMIC RUSSIA-ARMENIA FORUM GETS UNDERWAY IN YEREVAN

    Aysor
    Oct 29 2009
    Armenia

    The Economic Russia-Armenia Forum launched today in Yerevan holding
    the Second Industrial Exhibition EXPO-RUSSIA ARMENIA 2009.

    The participants of SIEE, which is organized by ZARUBEZH-EXPO
    Company and Armenian Development Agency, are about 70 Russian and
    joint Armenian-Russian companies in fields of industry, research,
    energy, pharmaceutical sector, banking services, high technology,
    food, space navigation, legal assistance, etc.

    The opening ceremony was attended by Armenia's President, Serzh
    Sargsyan, Russian Ambassador to Armenia, Vyacheslav Kovalenko, deputy
    director of Russia's agency Rossotrudnichestvo, Igor Morozov, and SIEE
    Organizing Committee co-chairman and president of Multi Group concern,
    Gagik Tsarukyan.

    The exhibition has the main objective to develop business relations
    between Armenia and Russia. The SIEE will also hold Armenia-Russia
    Business Forum and meetings between Armenian and Russian manufacturers.

    According to latest statistics trade covers between Armenia and Russia
    over 2008 stood by $1 059.347 billion, of which export by $208 174.9
    million and import by $851 172.5 million. Foreign injections in direct
    investments in 2008-2009 amounted to about billion dollars USA. And
    finally there are about thousand companies in Armenia acting with
    Russia's capital.

    From: Emil Lazarian | Ararat NewsPress
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