Throughout the 10 months of 2022, the commerce turnover between Armenia and Russia amounted to about 3.8 billion {dollars}. – 2024-05-29 22:06:54

by times news cr

2024-05-29 22:06:54

Throughout the 10 months of 2022, the commerce turnover between Armenia and Russia was equal to about 3.8 billion US {dollars}, which is greater than 85% larger than the indicator of the identical interval of 2021, in line with the twenty first session of the Intergovernmental Fee for Financial Cooperation between the Republic of Armenia and the Russian Federation RA Deputy Prime Minister Mher Grigoryan introduced.

In line with the nation of origin, the import of products from Russia to Armenia was equal to 2.1 billion US {dollars}, which is greater than 53% larger than the indicator of the identical interval of 2021. The export from Armenia to Russia was equal to 1.7 billion US {dollars}, which is 2.5 instances larger than the determine for a similar interval of 2021.

“Together with the constant development of mutual commerce, we take into account it essential to additional promote the rise of the share of nationwide currencies in mutual settlements, which in flip will contribute to the strengthening of commerce ties.

We take into account the signing of the financial cooperation program between the governments of our states to be an necessary outcome of the present 12 months. I’m certain that subsequent 12 months we’ll collectively approve the detailed motion plan for its implementation,” mentioned Grigoryan.

He famous that it was doable to resolve complicated issues associated to the present actions of plenty of massive firms with Russian capital in Armenia in working order.

“Sooner or later, we’re additionally prepared to supply favorable circumstances for the attraction of Russian investments, in addition to the implementation of cooperative tasks.

Previously 12 months, within the subject of power, we agreed and signed the protocol on making adjustments to the settlement between the Authorities of the Republic of Armenia and the Authorities of the Russian Federation on the acquisition and sale of shares of “ArmRusgazprom” CJSC dated December 2, 2013 and the circumstances of additional exercise.

We managed to seek out options to many critical issues which were accrued for years and haven’t been solved.

Making an allowance for the fashionable realities, I take into account it necessary to cooperate within the subject of gasoline import on preferential phrases.

On this context, I wish to observe with satisfaction that we now have already agreed and permitted the indicative balances for the import of oil merchandise and fuel from the Russian Federation to the Republic of Armenia for 2023.

I ought to observe with satisfaction that the Ministry of Territorial Administration and Infrastructures of the Republic of Armenia and the Russian State Company “Rosatom” have continued lively joint work within the present 12 months within the course of the implementation of a large-scale challenge for the modernization and extension of the operational interval of the 2nd energy unit of the Armenian NPP.

I take into account the event of transport and logistics communications to be one other problem of our strategic agenda.

On this course, we should absolutely use the transit potential of our nations so as to fulfill the wants of each enterprise entities and our residents.

In line with our agreements, the South Caucasian Railways in Armenia continues the method of updating the rolling inventory supposed for passenger transportation. Throughout the 9 months of this 12 months, SCR’s complete investments made about 500 million rubles.

It is very important observe that worldwide street transport of products between our nations continues to be carried out with out permission.

As for cargo transportation to and from third nations, further permits had been exchanged on the request of the Armenian aspect, on account of which their quantity greater than doubled in 2022.

From Might 2022, all restrictions on street passenger transport between Russia and Armenia have been lifted. Presently, 6 firms are engaged on 9 working routes on a parity foundation.

Regardless of all of the difficulties, I wish to emphasize our efficient cooperation within the subject of air transportation.

Throughout the 9 months of the present 12 months, in comparison with the identical interval of the earlier 12 months, the variety of flights elevated nearly twice,” mentioned Mher Grigoryan.

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