ARMENIAN-RUSSIAN BUSINESS CONFERENCE HELD IN YEREVAN
ARMENPRESS
MAY 20, 2010
YEREVAN
YEREVAN, MAY 20, ARMENPRESS: Armenian-Russian business forum was held
today in the Armenian Development Agency with the participation of
businessmen from Orenburg and Armenia and organized by the Armenian
Chamber of Commerce and Industry.
The 70% of foreign financial investments in Armenia come to share to
Russia. In 2009 the trade turnover between the two countries made more
than 900 million USD, 790 million USD of which is import. Last year
Russia’s direct investments in Armenia made more than 380 million USD
which is the 53.9% of the whole foreign investments in Armenia during
the 2009. The investments were made in electricity, gas production,
land transport, telecommunication, etc.
Managing director of ADA Robert Harutyunyan welcomed the participants
of the conference, noting that quite active Armenian community is
functioning in Orenburg the business representatives of which where
also present that the conference.
"I think that first Armenian businessmen must cooperate with them.
Armenians in Orenburg are mainly working in construction, food industry
and trade spheres and I think that general interests will be found
between the businessmen of the two countries. Orenburg Armenian
community may turn into the accelerator of this cooperation," R.
Harutyunyan said.
According to him, in the construction sphere too Armenia has registered
great success and has ancient-long traditions but the energy and
agricultural sphere are also of interest and are well developed in
the Russian province. "Our current relations do not reflect the real
potential existing between Armenia and Orenburg. The businessmen have
exclusive opportunity to find mutual interests," Robert Harutyunyan
said.
In 2009 the trade turnover of Armenia with Orenburg made only 103
000 USD: metals, devices were imported, stones, building materials
were exported. Eight Armenian enterprises are working in Orenburg.
Chairman of the Armenian Chamber of Commerce and Industry Martin
Sargsyan expressed hope that certain arrangement will be reached
between the businessmen, over creation of joint enterprises as well.
Chairman of the Chamber of Commerce and Industry of Orenburg Victor
Sitizhev noted that in Armenia the businessmen of Orenburg wish to
make investments in the sphere of medicine as well, establishing
new medical diagnostic center. Besides, it is expedient to establish
permanent air communication between Armenia and Orenburg.
Within the framework of the conference cooperation contract has been
signed between Armenian and Orenburg chambers.