MUTUALLY BENEFICIAL TRADE AND ECONOMIC COOPERATION BETWEEN ARMENIA
AND RUSSIA POSSESSES SIGNIFICANT UNUSED POTENTIAL

YEREVAN, May 20. /ARKA/. Armenian Premier Andranik Margaryan received
today the RF Minister of Regional Development Vladimir Yakovlev.
According to the Public Relations and Press Department of RA
Government, Margaryan and Yakovlev spoke about the perspectives of
mutual cooperation between Armenia and Russia and emphasized the
issues of further development of trade-economic and inter-regional
contacts in areas of certain achievements in the last two years. In
particular, according to the Armenian Premier, the economic and
trade cooperation had considerably increased with Perm and Sevrdlovsk
entailed by the visits of the Governors of these regions to Armenia in
the beginning of this year. Contacts are also actively developing with
Moscow. However, according to the participants of the meeting, there
still exists a significant unused potential for mutually beneficial
trade and economic cooperation between the countries, including
intensification of contacts between the business circles between
certain administrative subjects of RF and Armenian regions, growth
of mutual investments, establishment of joint enterprises. The sides
also mentioned establishment of transport communication for further
development of bilateral cooperation. The participants also touched
upon the issues of tourism, education, science, culture in the context
of cooperation and noted that a considerable role may have the Armenian
community of Russia. The Minister of Regional development of Russia is
in Armenia to participate in XXI session of Intergovernmental Council
on Cooperation and Construction Activities of CIS countries. L.V.–0-