All preconditions are available for promoting mutually favorable Russian-Armenian trade and economic cooperation, stated Russian Co-Chair of the Armenian-Russian Inter-Governmental Commission, Transport Minister Igor Levitin at the opening of the Commission session. Levitin’s statement specifically notes, “The former six months of this year are characterized by considerable increase of the growth rate of mutual trade, which is equal to 16.7% according to preliminary data. Preservation of this dynamics will allow RF become the leader among major trade partners of Armenia. Investment cooperation keeps successfully developing and this promotes commercial growth. Many of our CIS partners consider the trade and economic cooperation between Russia and Armenia an experience worth paying attention to. I am sure the potential of growth of the commodity turnover is not used up. Russia does not cancel the matter of gas supplies to Armenia in its agenda, as well as expansion of trade of oil products that will allow enhancing the energy dialogue between our countries. The normative and legal basis of cooperation, including the organization of train-ferry communication between Poti, Georgia and Kavkaz, Russia, forms good preconditions for that. Due to a number of reasons the communication cannot show all its advantages yet. However, I assure you that the Russian party will make all efforts necessary for the ferry line to have demand in the system of transport communication between our countries. I would like to underscore the need to expand economic relations between Armenia and its regions with the constituents of the Russian Federation.»
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