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Trade Turnover Between Armenia and India Grows By 6 Times Since 2002

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  • Trade Turnover Between Armenia and India Grows By 6 Times Since 2002

    TRADE TURNOVER BETWEEN ARMENIA AND INDIA GROWS BY 6 TIMES SINCE 2002

    YEREVAN, May 30. /ARKA/. Trade turnover between Armenia and India
    has grow by 6 times since 2002, stated Dipak Vohra, Extraordinary and
    Plenipotentiary of India to Armenia. According to him, the expected
    trade turnover in 2005 will make $12 mln. "The increase of bilateral
    economic cooperation was greatly promoted by Industry and Commerce
    Chambers of Armenia and India", he said. The Ambassador also hopes
    for further strengthening of cooperation between the businessmen of
    the two countries.

    According to the RA National Statistical Service, the volume of
    external trade turnover of Armenia and India in 2004 made $8674
    thou, having grown by 44,7% compared to 2003. At that, the export of
    Armenian products to India made $289,5 thou, against $43,4 thou in
    2003, import amounted to $8384,5 thou against $5951,8 thou in 2003.

    L.V.-0--
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