ArmInfo. The Russian parliamentary delegation discussed the directions of trade and economic cooperation between the two countries in the Armenian government today. Deputy Speaker of the State Duma of the Russian Federation Alexey Gordeyev told journalists in Yerevan on June 28.
According to him, the issue of trade and economic cooperation was discussed today at a meeting with Deputy Prime Minister of Armenia Mher Grigoryan. As Gordeyev noted, as of today, more than 200 treaties and agreements are in force between Armenia and Russia in one or another area of bilateral cooperation. <But today we talked about how to deploy this potential. There is a good growth in bilateral trade, but we expect to bring it to $3 billion in the near future>, the Russian parliamentarian said, also pointing to the possibility of a serious increase in investment and the establishment of joint ventures in industry and agriculture. The issue of joint certification of products in the markets was also discussed, so that the parties perceive these products as goods of domestic production. The Russian MP said that mow the total volume of Russian investments accumulated in Armenia is about 40%. "Our business is already seriously present in Armenia, but we would like to change the quality of these investments and open joint ventures for the organization of production in order to sell our products in the markets of third countries," Alexey Gordeyev said, adding that today the issue of establishing a joint Armenian-Russian technopark in Armenia is being discussed.
Speaking about the problems at the Upper Lars checkpoint, the Russian MP recalled the decision of the Prime Minister of the Russian Federation, on the basis of which a dialogue is underway between the ministries of economy of the two countries. "In the near future, the checkpoint's capacity will be seriously expanded," the Deputy Speaker of the State Duma assured.
It should be noted that according to the data of the Statistical Committee of Armenia, the foreign trade turnover between Armenia and Russia in January-April 2022, increased by 36.8%, amounting to $903.4 million. At the same time, exports increased by 26.4% to $280 million, while imports grew by 42.1% to $623.4 million.
