ArmInfo. Minister of Economy of Armenia Vahan Kerobyan received Deputy Minister of Industry and Trade of the Czech Republic Martina Tauberova, who is the co-chair of the Armenian-Czech intergovernmental commission on economic cooperation.
During the meeting, the parties discussed the prospects of the Armenian-Czech cooperation. Kerobyan noted that there are great opportunities for expanding the Armenian-Czech economic cooperation. He also expressed confidence that the next meeting of the Armenian-Czech intergovernmental commission on economic cooperation, which will take place on October 15, will open up new prospects for deepening mutually beneficial cooperation.
Thanking the Minister for the warm welcome and the agreements reached, Martina Tauberova noted that the Czech side is ready to identify and discuss partnership priorities, the implementation of which can further expand the existing cooperation.
She asked the Minister to present the priorities and problems of economic development in Armenia and offer their assistance in solving these problems.
Vahan Kerobyan presented the economic development program of the country, the main directions of reforms.
During the meeting, issues in the sectors of industry, agriculture, energy, high technologies, small and medium-sized businesses, transport, science, digitalization, healthcare, and the environment were discussed. The Minister proposed to consider the possibility of working in the fields of pharmaceuticals, jewelry, chemical industries, infrastructure development. The Czech side, in turn, noted the successful achievements of their country in the field of transport, subway construction, creation of renewable energy sources, technology development and expressed its willingness to share experience.
The parties expressed their readiness to continue active cooperation in deepening and expanding trade and economic ties, in areas of mutual interest, and to outline further steps for effective work.
To note, according to the RA Statistical Committee, the foreign trade turnover between Armenia and the Czech Republic in January-August 2021 amounted to $ 15.3 million, which is 5% less than a year ago. At the same time, exports increased by 40% to $ 2.1 million, while imports fell by 9% to $ 13.2 million
