ArmInfo. Armenian Minister of Economy Vahan Kerobyan and California State Senator Anthony Portantino, representing Senate District 25, discussed today the possibilities of expanding economic cooperation between Armenia and California. Head of the RA Economic Department Vahan Kerobyan announced this on his Facebook page.
In particular, he said that during the conversation, issues related to cooperation in agriculture, various industries and trade were discussed.
It should be noted that in September 2019, a Framework Agreement on Cooperation between the Republic of Armenia and the State of California was signed in New York, according to which comprehensive cooperation in all areas is expected.
On August 17, 2021, California Assembly member Chris Holden presented a resolution establishing brotherly relations between the state of California and the Syunik region of Armenia. The resolution intends to promote mutually beneficial exchange in the educational, economic and cultural spheres. The document was co-authored by Senator Portantino.
According to the RA Statistical Committee, the foreign trade turnover between Armenia and the United States for 9 months of this year increased by 42.7%, amounting to $ 137.3 million. Exports grew by 30.9% to $ 61.6 million, while imports grew by 54% to $ 75.7 million.
