THERE ARE UNUSED OPPORTUNITIES IN ARMENIAN-GERMAN ECONOMIC RELATIONS

ArmRadio.am
21.02.2007 15:38

German presidency of the European Union can play a positive role in
the development of Armenian-German political cooperation, Armenian
Ambassador to Germany Karine Ghazinyan said at today’s press conference
at Friday Club. In her words, ever since the independence of Armenia
the volume of German investments into Armenian economy has totaled
more than 200 million Euros, and the annual commodity turnover between
the two countries reaches 400 million Euros. At the same time the
Ambassador considers that these indices are not high, considering
the capacities of Germany.

Karine Ghazinyan noted that from the perspective of mutually beneficial
cooperation there are unused opportunities in the spheres of chemical
production, machinery construction and others.

The Ambassador informs that officially 30 thousand Armenians reside
in Germany.