Thursday, March 23 2023 22:55

ArmInfo. Minister of Economy of Armenia Vahan Kerobyan received Ambassador Extraordinary and Plenipotentiary of Brazil to Armenia Fabio Vaz Pitaluga.  According  to the press service of the Ministry of Economy, the parties  discussed issues related to strengthening the Armenian-Brazilian  trade and economic ties, deepening cooperation in the field of  agriculture, as well as export and import opportunities.

Minister Kerobyan presented to the guest the achievements and  priorities of the Armenian economic sector, the programs implemented  with state support, in particular, the program for modernizing the  economy and consolidating agricultural land.

Kerobyan expressed confidence that Armenia can become a bridge for  Brazil in the context of exporting its products to the markets of  other countries.  It should be noted that according to the RA  Statistical Committee, in 2022, the foreign trade turnover between  Armenia and Brazil amounted to $84.3 million, which is 53.4% more  than a year ago. In particular, exports increased 8-fold to $285.6  thousand, while imports grew by 53% to $84 million.