Putin: Russia remains Armenia’s leading trade partner

Putin: Russia remains Armenia’s leading trade partner

YEREVAN, May 8. / ARKA /. Russia remains Armenia’s leading trade partner, Russian President Vladimir Putin said Thursday at a meeting with the visiting Armenian President Serzh Sargsyan in Moscow.

"A great deal of work has been done since my last December 2 visit to Armenia towards implementation of the agreements that were reached during the visit. I am pleased to note that Russia remains the leading trade partner of Armenia. Last year our trade surged by almost 11%. This year we have had a positive growth trend. Russia also remains the top investor in the Armenian economy," Putin was quoted as saying by the Kremlin press service.

The Russian President thanked his Armenian counterpart for the visit, made on the eve of Victory Day marked on May 9 and congratulated the Armenian people on it. 

In turn, President Sargsyan expressed satisfaction with the dynamic development of the Armenian-Russian relations and alliance partnerships.

"We will continue efforts to make our relationship even deeper. The agreements that were reached during your state visit to Armenia and the agreements reached last September 3 in Moscow have enriched our agenda. The implementation of these agreements creates new opportunities for close cooperation in all areas – foreign, military-technical and economic policies. We are ready for an active work. And I think that this is in tune with the historical traditions of friendship between our two peoples, and it corresponds also to the will of our peoples," he said.

According to the National Statistical Service of Armenia, its trade with Russia in January-February 2014 was $214.8 million, up from $212 5 million in the same period in 2013. -0-

19:43 08.05.2014

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