EDB forecasts gradual recovery from global recession

PanARMENIAN.Net - Gradual recovery of from global recession should stimulate Armenian economy, promoting trade-economic ties with EDB member states, Yevgeny Vinokurov, Head of the EDB Economic Analysis and Consulting Department, told a PanARMENIAN.Net correspondent. "Thus, we may anticipate gradual increase in volumes of mutual trade with Russia," he said.



During the first half of the current year, trade flow between Armenia and Russia was reduced by 24.4%, in the meantime producing a much better result in comparison with other CIS countries, EDB expert noted.