ARMENIAN-CHINESE ECONOMIC COOPERATION PRODUCES APPRECIABLE RESULTS

ARKA News Agency, Armenia
Oct 20 2006

YEREVAN, October 20. /ARKA/. Armenian-Chinese economic cooperation
is producing appreciable results. This statement was made at RA
Prime Minister Andranik Margaryan’s meeting with Vice-Chairman of
the Standing Committee, National People’s Congress of China, Siu Xialu.

The sides expressed satisfaction over the fact that the bilateral
trade and economic relations are producing results.

The sides pointed out that the "Shangsi-Nairit" JV founded by
the Chinese authorities is a successful start of further economic
cooperation. The sides agreed on the necessity of planning other
large-scale projects.

Premier Margaryan and Vice-Chairman Siu Xialu alo pronounced for
intensification of trade relations and contacts between Armenian
and Chinese business circles. The sides expressed hope for new
opportunities for materializing the business potential for the
development of economic, scientific and cultural cooperation.