Monday, June 12 2017 11:12
Naira Badalian

Karen Karapetyan and Dimitry Kumsishvili discussed economic cooperation between Armenia and Georgia

Karen Karapetyan and Dimitry Kumsishvili discussed economic  cooperation between Armenia and Georgia

ArmInfo. Prime Minister of Armenia  Karen Karapetyan in Dilijan, within the framework of the annual  gathering of a subgroup of IMF/WB countries headed by Belgium and the  Netherlands, held a meeting with the delegation headed by First  Deputy Prime Minister and Finance Minister Dimitri Kumshishvili.

As the parliamentary press service reports, the Prime Minister of  Armenia and the First Deputy Prime Minister of Georgia discussed  issues concerning the agenda of the Armenian-Georgian relations and,  in particular, economic cooperation. Karen Karapetyan and Dimitry  Kumsishvili touched upon joint programs in various spheres,  positively assessed their progress and discussed further steps. The  parties noted with satisfaction that in recent months the volume of  trade turnover between Armenia and Georgia has been steadily growing  and it is necessary to work consistently in the direction of  increasing these rates.

The interlocutors confirmed mutual readiness to continue active  cooperation in the direction of stimulating the ties between the  business circles of the two countries, attracting investments,  cooperation within the framework of free economic zones and in the  sphere of tourism, deepening intercultural ties.

Exports from Armenia in January December 2016 amounted to 1 billion  782 million 924.7 thousand USD.  According to the National  Statistical Service of Armenia, the growth of exports compared to  2015 was 20%. At the same time, imports to Armenia in 2016 increased  by 1.6% and amounted to 3 billion 292 million 425.3 thousand USD. The  volume of bilateral trade with neighboring Georgia increased by 27.7%  and amounted to 245 million 261.5 thousand USD.


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