Trade opportunities between Armenia and Orenburg region are used incompletelyMay 20, 2010 - 14:46 AMT PanARMENIAN.Net - On May 20, Yerevan hosted an Armenian-Russian business forum within the framework of a visit of Orenburg delegation to Armenia. “Russia is basic investor of Armenia: around 70% of direct investments to the country come from Russia. The trade relations are also the most developed as compared with other countries. Thus, Armenia attaches importance to cooperation with Russian regions,” Director of the Armenian Development Agency (ADA) Robert Harutyunyan said in his opening remarks. However, he noted that the trade turnover between Orenburg region and Armenia is too small and does not correspond to the available opportunities. “The fields of construction, energy, agriculture and food industry basically present interest for the bilateral cooperation,” Harutyunyan said. An agreement on cooperation between Chambers of Commerce and Industry of Yerevan and Orenburg regions was signed during the business forum. 17 entrepreneurs representing construction, machine building, mining industry, agriculture and other fields arrived in Yerevan from Orenburg. The trade turnover between Orenburg and Yerevan amounted to $103,000 in 2009, including import - $57,400, export - $45,600. Currently, eight Armenian enterprises operate in Orenburg. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Armenia-Qatar ties discussed in Doha The Secretary of Armenia’s Security Council met with the Deputy Secretary General of the National Security Council of Qatar. ARARAT special evening dedicated to Aznavour's 100th Anniv. On May 20 ARARAT legendary Armenian brandy, celebrated the centennial of Maestro Charles Aznavour with a special event. Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province. Armenia calls for prohibiting threats of attacks on nuclear facilities Armenia has raised the need for a treaty prohibiting attacks on nuclear facilities devoted to peaceful purposes. |