UKRAINE ASPIRES TO DEVELOP ITS RELATIONS WITH ARMENIA ON BASIS OF
FRIENDSHIP AND MUTUALLY PROFITABLE COOPERATION

YEREVAN, AUGUST 21. ARMINFO. The Ukraine wants to develop ots
relations with Armenia on the basis of friendship and mutually
profitable cooperation. It is said in the news release of the
Ukraine’s Embassy in Armenia on the occasion of the 13th anniversary
of the Ukraine’s independence marked on Aug 24.

As it is said in the release, the two countries have positive trends
in mutual commerce. Thus, in Jan-June 2004 the trade turnover of the
Ukraine with Armenia has increased 1.7 times as against the same
period of last year and totaled $36.1 mln. The exports of the
Ukrainian goods to Armenian market increased 1.7 times and totaled
$32.2 mln. The exports of Armenian goods to the Ukraine increased 1.8
times and totaled $3.9 mln. The huge potential in the mutual
trade-economic cooperation is put in further development of
interregional cooperation, in the cooperation in transport sphere,
agriindustrial complex and machine-building, in the development of
science-technical cooperation, in the sphere of information
technologies, in the banking sphere, in mutual investments in the
economies, in the sphere of tourism, etc.