06/12/2010 11:48
Yerevan hosts Armenian-Russian business forum
Armenian-Russian business forum kicked off in Yerevan today. The business forum is organized by the Chambers of Commerce and Industry of Armenia and Russia.
Chairman of Armenia’s Chamber of Commerce and Industry, Martin Sargsyan addressing the opening of the business forum stated that Russia is the biggest strategic partner and biggest investor of Armenia. Russia has 50 percent share in Armenian economy.
According to M. Sargsyan, the business forum will be a new stimulus for expansion of bilateral relations.
He underlined that the cooperation agreement signed between the Chambers of Commerce and Industry of Armenia and Russia was efficient, registering four-fold increase in imports from Russia to Armenia and two-fold increase in exports from Armenia to Russia since 2005.
Note that the business forum hosts over 40 businessmen.
The business forum addresses food industry, mining, agriculture, health, pharmaceutics, industry, mechanical engineering, construction, service issues.