Ambassador: Commodity turnover between Armenia, Ukraine rose by 1/3

AMBASSADOR: COMMODITY TURNOVER BETWEEN ARMENIA, UKRAINE ROSE BY ONE-THIRD IN 2006

Arka News Agency, Armenia
Aug. 25, 2006

YEREVAN, August 25. /ARKA/. Commodity turnover between Armenia
and Ukraine rose by one-third in 2006, Ukrainian Ambassador to
Armenia Alexander Bozhko told ARKA News Agency on Friday at Ukraine
Independence Day celebration party in the embassy.

In his words, commodity turnover between the countries made $110
million last year" and now it grew.

"It means our economic relations are developing", Bozhko said.

"Ukraine buys more Armenian cognac than Armenians themselves in
Armenia. I think this is an important fact for Armenian partners",
he added.

The ambassador said Ukrainian metals are in demand in Armenian market.

He stressed that the economic relations were spurred by recent reforms
in Ukraine.

Besides, Poti-Ilichevsk ferry launch has contributed a great deal to
the economic relationship development.

Bozhko said it is very pleasant to him that Vanadzor chemical plant
buy Ukrainian coal.

According to National Statistical Service of Armenia, trade turnover
between Armenia and Ukraine made $88.5mln at the first half of 2006
(export $8.011mln and import $80.549mln) after growing 14.1%, compared
with the same period a year earlier. ($1=AMD 397.76). M.V.

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