Sargsyan: Armenian-Russian forum to help find new cooperation models

Sargsyan: Armenian-Russian forum to help find new cooperation models

PanARMENIAN.Net - Armenian President attended the opening ceremony of the first-ever Armenian-Russian interregional forum, which kicked off in Yerevan on April 19, bringing together regional authorities and businessmen from both countries.

“Armenian-Russian partnership is characterized by special economic relations and I’m hopeful that this event will help find new cooperation models,” Serzh Sargsyan said in his remarks. “Currently, there are 1400 enterprises with Russian capital operating in Armenia with US$3 billion investment portfolio, which tends to increase.”

For his part, head of the Russian presidential administration Sergei Narishkin read out President Dmitry Medvedev’s congratulatory telegram. He also noted that trade turnover between the two countries totaled US$860 million last year.

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