Armenia And China Implement Projects In Industrial Cooperation And I

ARMENIA AND CHINA IMPLEMENT PROJECTS IN INDUSTRIAL COOPERATION AND INFRASTRUCTURE CONSTRUCTION, AMBASSADOR

YEREVAN, April 17. / ARKA /. Armenia and China are implementing joint
projects in the fields of industrial cooperation and infrastructure
construction, China’s ambassador to Armenia Tian Erlun told ARKA.

According to him, both governments are taking additional measures to
stimulate diverse bilateral relations.

“We are discussing now a number of projects in the fields of industrial
cooperation and infrastructure construction, which means increased
cooperation,’ said Erlun.

During Armenian President Serzh Sargsyan’s state visit to China
on March 24-28, the sides signed more than a dozen agreements on
cooperation in various fields, including bilateral cooperation in
the legal, economic, techno-economic, customs, education, tourism
and other fields.

According to experts, Sargsyan’s visit will strengthen bilateral
economic ties, which have great potential both in terms of the
implementation of mutual investments and trade growth.

According to Armenia’s National Statistical Service, the trade
turnover between Armenia and China in 2014 increased by 29.4% from
the previous year to $588.4 million (9.9% of the total foreign trade
of Armenia). China is Armenia’s second largest trade partner.-0-

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