Monday, January 16 2023 18:34
Alina Hovhannisyan

Armenia, Germany discuss number of issues on cooperation in economic  sector

Armenia, Germany discuss number of issues on cooperation in economic  sector

ArmInfo.Within the framework of his working visit to Germany, Armenian Economy Minister Vahan Kerobyan in Berlin met with Parliamentary State Secretary of  the Federal Ministry for Economic Cooperation and Development Niels  Annen.

According to the press service of the Ministry of Economy of the  Republic of Armenia, the parties discussed the possibilities of  further cooperation, in particular in the field of renewable energy,  green hydrogen production, tourism, decentralized cooperation,  stimulating labor productivity, etc.

Minister Kerobyan thanked the German side for the re-inclusion of  Armenia in the list of transformational partners of the German  Federal Ministry for Economic Development and Cooperation.  The  meeting was also attended by Ambassador Extraordinary and  Plenipotentiary of Armenia to Germany Viktor Yengibaryan and Deputy  Minister of Economy of Armenia Rafayel Gevorgyan.  

It should be noted that according to the Statistical Service of  Armenia, the foreign trade turnover between Armenia and Germany in  January-November 2022, amounted to $454.8 million, which exceeded the  figure of a year ago by 79.2%. In particular, exports exceeded $97.4  million, with a y-o-y growth of 35.9%, imports increased by 96.2% to  $357.4 million.