Armenia to boost trade ties with India in IT, agriculture
Press Trust of India / Kolkata April 24, 2010, 14:44 IST
Armenia is focusing on IT, agriculture, diamond cutting and polishing
to boost trade ties with India, the Eurasian nation’s ambassador to
India, Ara Hakobyan, said today.
"The economic relations between India and Armenia should improve,
because there is a lot of potential between the two countries,"
Hakobyan said.
"With both Indians and Armenians good at IT, we will have a joint
project to boost these sectors for international trade. Facilities for
training, research and development of professionals of both countries
will be set up," Hakobyan, who came here to attend a programme to
commemorate the 95th anniversary of Armenian Genocide, said.
In addition to Mumbai, Armenia will have another honourary consul
general in Kolkata, where the largest number of Armenian descendants
live, Hakobyan said.
The Indo-Armenian Inter-Governmental Commission, which was set up in
1997, will meet in June for boosting trade between the two countries,
he said.
Indian exports to the country consist of food, electrical equipment,
optical equipment, plastic, pharmaceuticals and chemical
goods. Armenia exports non-ferrous metals, raw rubber, books and
textiles.
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