Russia, Armenia agree to open trade offices
MOSCOW – Russia and Armenia have agreed to establish trade representations, Armenian media reported.
The Russian government has reportedly approved the plan and the agreement was signed by Prime Minister Vladimir Putin.
The deal was signed by Russian President Dmitry Medvedev and Armenian leader Serzh Sargsyan in Yerevan in August.
The Russian-Armenian trade turnover has increased in comparison with 2009. In January-July 2010, the figure rose 19.3 percent to almost $423 million. Russia’s exports to Armenia increased 18.3 pct to reach nearly $355m, while its imports from Armenia increased 24.8 pct to make up $68m.
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