Monday, August 14 2017 15:28

ArmInfo. The situation in the  bilateral commodity turnover between Armenia and Russia is not bad,  because there is also an increase in the supply of goods from Armenia  to Russia, and a general increase in trade between the two countries. 

On August 14, Prime Minister of the Russian Federation Dmitry  Medvedev stated at the margins of the Eurasian intergovernmental  council in Astana during a meeting with his Armenian counterpart  Karen Karapetyan.According to the press service of the Russian  government, congratulating Karen Karapetyan on his birthday, Dmitry  Medvedev stressed that the governments of both countries continue to  coordinate positions on joint investment projects on a number of  directions of economic cooperation, which appeared relatively  recently. "So, in general, everything is fine, but this does not mean  that there is nothing to talk about." Let's discuss the current  situation, "the head of the Russian government suggested.In his turn,  the RA Prime Minister expressed gratitude for the congratulations and  agreed that the agenda between the two states is quite wide. 

"I also want to note the positive on economic indicators, and I want  to discuss with you a number of issues, including the timing of your  visit to Armenia," Karen Karapetyan said.It should be noted that in  2016, Russia's trade with Armenia totaled $ 1,335,540,701, an  increase of 6.19% ($ 77,886,481) compared to 2015. The export of  Russia to Armenia in 2016 was $ 957,253,242, decreasing by 8.82% ($  92,561,722) compared with 2015. The import of Russia from Armenia in  2016 was $ 378,287,459, an increase of 82.01% ($ 170,448,203)  compared with 2015. Russia's trade balance with Armenia in 2016 was  positive at $ 578,965,783. Compared to 2015, the surplus decreased by  31.24% ($ 263,009,925). The share of Armenia in the foreign trade  turnover of Russia in 2016 was 0.2855% against 0.2390% in 2015.  According to the share in the Russian trade turnover in 2016, Armenia  occupied 51st place (in 2015 - 54th place). The share of Armenia in  the export of Russia in 2016 was 0.3353% against 0.3055% in 2015.  According to the share in Russian exports in 2016, Armenia occupied  47th place (in 2015 - 46th place). The share of Armenia in the import  of Russia in 2016 was 0.2076% versus 0.1138% in 2015. According to  the share of Russian imports in 2016, Armenia took the 55th place (in  2015 - 64th place).