Moscow Discussed Trade And Economic Relations Between Russian Federation And Armenia

Trade and economic relations between Russia and Armenia are developing very vigorously and successfully. This was stated by Russian President Vladimir Putin.

According to the Kremlin press service, the conversation of Vladimir Putin with the Prime Minister of Armenia Nikol Pashinyan took place on the fields of the CIS summit.

“trade and economic relations are developing very energetically, successfully. The turnover reached $ 7.4 billion last year, and in the first half of this year it grew two and a half times, exceeding $ 8.3 billion. If we are at this pace. Moving, this means that the trade turnover of this year can be $ 14-16 billion.

The President of the Russian Federation noted that Russia is a leading foreign investor to the Armenia economy.

“about four billion dollars accumulated investments, and what is happening both within the framework of the interdirmy and within the framework of the business council, gives appropriate good results,” he said.

The President of the Russian Federation also noted the importance of the aspect of humanitarian cooperation.

In turn, the Prime Minister of Armenia stated with satisfaction that over the past months, a “rather active political dialogue” took place. “Deputy Prime Minister Overchuk came to us in Yerevan. Not only a meeting of the intergovernmental commission for [economic] cooperation was held, but we also actually talked on all the issues of our agenda. In early October, a meeting of the intergovernmental council of the EAEU was held in Erevan. The Council we quite meaningfully discussed the issues of our cooperation and agenda of the Republic of Armenia and the Russian Federation with the chairman of the Government of the Russian Federation Mikhail Vladimirovich Mishustin, ”said Pashinyan.