TRADE TURNOVER BETWEEN GEORGIA AND ARMENIA INCREASING
By M. Alkhazashvili
The Messenger, Georgia
Aug. 21, 2006
Trade turnover between Armenia and Georgia has increased by USD 8
million in the first five months of 2006 over the same period of 2005.
The total value of trade currently stands at USD 35 million.
Georgia’s Ambassador to Armenia, HE Revaz Gachechiladze, stated
that of this sum, Armenian exports to Georgia were valued at USD
21.2 million. Armenia has been sending north electricity, cement,
eggs, coffee and cigarettes amongst other goods. Georgia’s exports to
Armenia, including fertilizers, medicaments, oil products, wine and
sugar made up USD 14.2 million. Ambassador Gacherchiladze pointed
out that the 2005 trade total was USD 57.7 million, an increase of
USD 15.4 million over the 2004 total. If the pace of trade continues
throughout the remainder of 2006, the two countries could see another
significant increase in trade turnover this year.