G. Petrov: Russian, Armenian regions should develop ties

Russia will host a major business forum in 2011, to be attended by Russian and Armenian governors, Ambassador Extraordinary and Plenipotentiary of Russia to Armenia Vyacheslav Kovalenko stated at the Armenian-Russian business forum today adding that the forum will also host exhibition of Armenian goods.

“These initiatives aim to intensify horizontal ties between the regions,” Kovalenko said.

According to Deputy Chairman of the Russian Chamber of Commerce and Industry Georgy Petrov, trade relations between Russia and Armenia are strong and stable.

He said that the economic crisis affected trade turnover between the two countries but they expect restoration of the former volume in 2013.

G. Petrov suggested changing trade structure to reduce dependence on external factors.

Petrov stressed necessity of developing ties between Armenian and Russian regions.