MINISTER OF FINANCE AND ECONOMY: EU BIGGEST INVESTOR IN ARMENIA

Panorama.am
14:43 31/10/06

European Union countries - Germany, Greece, France, are the biggest
investors in Armenia, Karen Tchshmarityan, minister of finance and
economy, said speaking about the regular 7th meeting of the Committee
on Cooperation between Armenia and European Union.

In his words, EU countries account for 36.9% of trade turnover of our
countries. The average indicator of the trade turnover from the total
turnover made up 37.3% in export, 32.3% - in import in 2001-2005. As
of January-August, 2006 50.8% of the Armenian export and 30.6% of
import accounts on EU countries, the minister said.