ArmInfo. On December 19-20, Moscow will host a meeting of the intergovernmental commission on economic cooperation between Armenia and Russia. This was the topic of a video meeting held by the co-chairs of the working group on interregional cooperation - Deputy Minister of Territorial Administration and Infrastructure of the Republic of Armenia Vache Terteryan and Deputy Minister of Economic Development of the Russian Federation Dmitry Volvach.
According to the press service of the MTUI, during the meeting it was noted that the issue of interregional cooperation will be one of the key areas of discussion at the meeting of the intergovernmental commission. Vache Terteryan emphasized that this platform, which has been in operation for a decade, has not lost its viability, and in response to the proposal of the Russian side, expressed readiness to organize the 10th anniversary conference in 2025.
The co-chairs discussed the progress and developments registered within the framework of the interregional cooperation program signed between the Government of the Republic of Armenia and the Government of the Russian Federation for 2022-2027. Vache Terteryan especially emphasized the need for further intensification and expansion of interregional contacts.
On October 8, at a meeting with RA Prime Minister Nikol Pashinyan, Russian President Vladimir Putin said that trade turnover between Russia and Armenia by the end of 2024 could be a record, reaching $14-16 billion. As Putin noted, Russia is a leading investor in the Armenian economy, with accumulated investments amounting to $4 billion. Work within the framework of the intergovernmental commission and the business council is yielding good results, he noted.