ArmInfo.The Ministry of Economy of Armenia and the Ministry of Antimonopoly Regulation and Trade of Belarus will expand cooperation. According to the press service of the department, the corresponding memorandum was signed by the Minister of Economy of Armenia Vahan Kerobyan and the Minister of Antimonopoly Regulation and Trade of Belarus Alexey Bogdanov.
According to the source, the memorandum obliges the parties to ensure the further development of trade and economic cooperation between Armenia and Belarus. In particular, it is planned to increase mutual supplies of consumer goods.
At the same time, the heads of departments agreed to facilitate the opening of Armenian trading houses on the territory of the Republic of Belarus.
According to the RA Statistics Committee, foreign trade turnover between Armenia and Belarus in January-August 2023 increased by 27.1%, providing a volume of $136.5 million. At the same time, exports increased significantly by 97.5% to $71.5 million, with a decline imports by 8.7% to $65 million.
