On November 2, an agreement on cooperation between Armenia and Lithuania was signed to develop the two countries’ economic relations.

The document was signed by Chairman of the Armenian Chamber of Commerce and Industry (CCI) Martin Sargsyan and President of the Lithuanian Business Confederation Valdas Sutkus.

The CCI of Armenia reported that the agreement refers to various fields of cooperation, including development of food industry, agriculture, efficient usage of scientific achievements in the field of high technologies, etc. Moreover, importance is attached in the document to organization of business forums, exhibitions and other programs aimed at development of the bilateral economic ties.