RUSSIA’S SHARE 24.4% IN ARMENIA’S TOTAL TRADE TURNOVER IN JAN-APR

ARKA
June 22, 2009

TSAKHKADZOR, June 22. /ARKA/. This January-April, Russia’s share in
Armenia’s trade turnover reached 24.4%, Alexey Ostrovsky, Chairman
of the Committee for CIS Affairs, RF State Duma, stated at the
international conference "Armenia at the communication crossroads"
held in Tsakhkadzor, Armenia.

He pointed out this is the highest index among Armenia’s trade
partners.

Ostrovsky reported that the CIS share in Armenia’s total trade turnover
reached 33.8%, and that of the EU member-countries, 30.7%.

He also pointed out the effective development of humanitarian and
cultural ties, centuries-old common history, culture and orthodox
faith.

"We should consider the fact that during the years of active industrial
and agricultural development our countries saw the establishment of
industrial complexes, which are not only intended for industrial,
scientific and technological cooperation, but also contain military
basis," Ostrovsky said.

According to him, other countries’ positions must not in any way
influence the Armenian-Russian relations. In this context he pointed
out the importance of retaining the achievements and developing the
bilateral cooperation.

"Our people deserve good life. We are well ware of where the world
in going and must realize the cost of our getting out of the crisis,
which will affect all the sections of the population. To survive the
crisis, we need comprehensive system reforms at both political and
economic levels," Ostrovsky said.