Armenia, India can use opportunities to develop economic cooperation  - FM

ArmInfo. Cooperation between Armenia and India has advanced in all areas except the economic sphere, as stated by Armenian Foreign Minister Ararat Mirzoyan in an interview with WION, a leading Indian media outlet, noting that there is huge untapped potential in that area.

 "We should make additional efforts to ensure that the economic potential and trade potential is  being realized more properly. And here, again, we should speak about  logistics, about the geographical distance," the head of the  department said.

At the same time, he noted that there are areas where geographical  distance does not play that big role. As an example, Mirzoyan named  information technologies, high technologies, artificial intelligence,  in which both countries have huge capacities and capabilities.  "Therefore, we can cooperate here as well, and if we dig further, we  can obviously  and certainly  find new areas where we can help to  increase the numbers," Mirzoyan emphasized.  At the same time, he  pointed out the unrealized opportunities in the tourism sector. In  particular, the minister pointed out the need to launch direct  flights between the countries. "Certain Armenian carriers are  interested in establishing direct flights, and I know that there was  a conversation among Indian carriers as well. And if there is a  direct flight, we understand that this will come to help not only to  improve people-to -people  contacts, not only to improve cultural  ties, but also tourism, which is a sector of  economy," the head of  the Armenian Foreign Ministry said.

Additionally, he pointed out the importance of mutual visits by  business delegations. "I believe that this should be a process, an  exercise, that should be repeated from time to time to renew or to  help the businessmen to establish new ties, new contacts," Mirzoyan  emphasized.