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Armenia Interested In Signing New Agreement On Trade And Economic Co

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  • Armenia Interested In Signing New Agreement On Trade And Economic Co

    ARMENIA INTERESTED IN SIGNING NEW AGREEMENT ON TRADE AND ECONOMIC COOPERATION WITH CHINA

    news.am
    July 20 2011
    Armenia

    YEREVAN. - Ministry of Economy of Armenia submitted an agreement
    on trade and economic cooperation between Armenia and China to the
    government's approval. The previous agreement was signed in 1992 and
    did not conform to new requirements.

    China is Armenia's important trade partner, 9-10% of Armenia's foreign
    trade turnover falls to China.

    The agreement envisages expansion of trade and economic mutually
    beneficial cooperation and diversification in all spheres of common
    interest, as well as creation of Armenia-China inter-governmental
    commission.

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