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Armenia PM, Belarus President discuss boosting trade

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  • Armenia PM, Belarus President discuss boosting trade

    ARMENIAN PM, BELARUS PRESIDENT DISCUSS BOOSTING TRADE

    Armenpress

    YEREVAN, MAY 3, ARMENPRESS: Belarus president Alexander Lukashenko
    told today the visiting Armenian prime minister Andranik Margarian
    he was optimistic about the prospects for continued development of
    bilateral trade.

    "Though trade between our countries is not very big, it however, is
    on a constant rise," Lukashenko told Margarian. Lukashenko also said
    he and other government officials would do everything "to satisfy
    all requests, desires and materialize all agreements that would be
    reached during the visit."

    Margarian in turn said he was likewise pleased with the growing
    bilateral trade, but mentioned also areas in which "the available
    potential is not used fully."

    The two sides plan to sign several documents, including an
    inter-governmental protocol abolishing exclusions from the free
    trade regime, as well as agreements on cooperation between the health
    ministries and between major television channels.

    The two countries will also sign a contract for the supply of
    Belarussian mining equipment to Armenia. A Belarussian-Armenian
    business forum and an exhibition of Armenian goods will take place
    during the visit.

    Relations between Belarus and Armenia have been steadily growing in
    recent years. Their leaders meet on a regular basis. The two countries
    have signed more than 40 agreements, their foreign and other ministries
    have established closer relationships.

    Last year, bilateral trade turnover increased by 12.4 percent to 10.8
    million U.S. dollars. Trade has been growing even more rapidly this
    year. In the first two months of 2005, it was 2.5 times bigger than
    in the same period of last year.

    Belarus supplies lorries, tires, road equipment, chemicals, lumber,
    and medicines to Armenia in exchange mainly for hard liquor.

    From: Emil Lazarian | Ararat NewsPress
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