20% growth recorded in Armenia-Georgia trade turnover in 2007
09.01.2008,
22:29
Considerable growth of trade turnover between Armenia and Georgia was recorded in 2007. According to the preliminary information, the growth reaches at least 20%, says the 2007 annual report of Armenia’s Foreign Ministry.
YEREVAN, January 9. /ARKA/. Considerable growth of trade turnover between Armenia and Georgia was recorded in 2007. According to the preliminary information, the growth reaches at least 20%, says the 2007 annual report of Armenia’s Foreign Ministry.
Among the prominent projects is the construction of a new, third high-voltage electric main that will enable simultaneous operation of the countries’ energy systems, the report says.
In 2007 Armenia continued close political cooperation and high-level dialogue with Georgia. The countries’ presidents Robert Kocharian and Mikhail Sahakashvili had their first meeting in March in Armenian Tsakhkadzor resort town. In September Kocharian was on a visit in Georgia. Georgia’s Prime-Minister Zurab Nogaideli visited Armenia in October.
The mutual contacts aimed at developing the friendly relations and economic cooperation, ensuring safety of Armenian citizens in transiting the Georgian territory, as well as enabling low-tariff transit transportation and uninterrupted gas transit to Armenia and improving the condition of the Armenian community in Georgia.
During the year the sides continued works on delimitation and demarcation of the frontier and agreed on 150-kilometer section of Armenia-Georgia border. These works are ongoing.
Among issues discussed in the bilateral meetings during the visit of Armenia’s FM to Georgia in July 2007 were bilateral agenda issues, regional developments, possibilities of regional conflict settlement and Armenia-Georgia cooperation in European integration.
Oskanian has also visited Batumi, the capital of the autonomous Ajaria Republic within Georgia, where he had meetings and discussed development of trade and economic cooperation and construction of General Consulate of Armenia in Batumi.
According to Armenia’s National Statistical Service, Armenia’s foreign trade turnover with Georgia grew by 48.2% in January-November 2007 and totaled $118.8mln. Exports from Armenia to Georgia totaled $79.8mln – a 63.2% increase against January-November 2006. Imports of Georgian-make goods to Armenia totaled $39mln in the period – a 24.7% increase. In total imports from the territory of Georgia were $116.4mln (a 1.76-time increase). –0--
Among the prominent projects is the construction of a new, third high-voltage electric main that will enable simultaneous operation of the countries’ energy systems, the report says.
In 2007 Armenia continued close political cooperation and high-level dialogue with Georgia. The countries’ presidents Robert Kocharian and Mikhail Sahakashvili had their first meeting in March in Armenian Tsakhkadzor resort town. In September Kocharian was on a visit in Georgia. Georgia’s Prime-Minister Zurab Nogaideli visited Armenia in October.
The mutual contacts aimed at developing the friendly relations and economic cooperation, ensuring safety of Armenian citizens in transiting the Georgian territory, as well as enabling low-tariff transit transportation and uninterrupted gas transit to Armenia and improving the condition of the Armenian community in Georgia.
During the year the sides continued works on delimitation and demarcation of the frontier and agreed on 150-kilometer section of Armenia-Georgia border. These works are ongoing.
Among issues discussed in the bilateral meetings during the visit of Armenia’s FM to Georgia in July 2007 were bilateral agenda issues, regional developments, possibilities of regional conflict settlement and Armenia-Georgia cooperation in European integration.
Oskanian has also visited Batumi, the capital of the autonomous Ajaria Republic within Georgia, where he had meetings and discussed development of trade and economic cooperation and construction of General Consulate of Armenia in Batumi.
According to Armenia’s National Statistical Service, Armenia’s foreign trade turnover with Georgia grew by 48.2% in January-November 2007 and totaled $118.8mln. Exports from Armenia to Georgia totaled $79.8mln – a 63.2% increase against January-November 2006. Imports of Georgian-make goods to Armenia totaled $39mln in the period – a 24.7% increase. In total imports from the territory of Georgia were $116.4mln (a 1.76-time increase). –0--
