YEREVAN, MARCH 25, ARMENPRESS: Today, on March 25, the President of the Republic of Armenia Serzh Sargsyan, being on a state visit to the People’s Republic of China, had a meeting with the PRC President Xi Jinping. The press service of the Armenian President’s Office informed Armenpress that at the end of the meeting the presidents of the two countries signed a joint declaration on the results of the negotiations on “the further development and deepening of the friendly partner relations between the Republic of Armenia and the People’s Republic of China”.

More than ten documents were also signed directed to the development and strengthening of the bilateral cooperation in different spheres between the two countries. 

Earlier it was reported that China, one of the world’s largest economies, year by year strengthens the economic, commercial and political ties with Armenia. The trade turnover with China makes about 10% of the Armenia’s foreign trade, though a year ago that figure did not exceed 8%. In a year Armenia has increased for 2,5 times the export volumes to China and the import from that country was increased by 8,2%. In 2014 the export made 170 million 954,1 thousand dollars in comparison with the 68 million 838,2 thousand dollars in 2013 and the import made 417 million 503,3 thousand dollars, instead of the 385 million 901,8 thousand dollars. The trade turnover today exceeds 588 million dollars between the countries, which established diplomatic relations since 1992.

On March 24, President Serzh Sargsyan conducted a state visit to the People’s Republic of China (PRC). Serzh Sargsyan is going to meet PRC President Xi Jinping. The Armenian-Chinese high-level negotiations will be followed by a signing ceremony of documents aimed at promotion and strengthening of mutual cooperation in a number of areas. As part of his visit, the RA President plans to meet with Zhang Dejiang, Chairman of the Standing Committee of the PRC National People’s Congress, and Li Keqiang, Premier of the PRC State Council. President will be hosted at Peking University where he will deliver a speech. During his visit to the People’s Republic of China, Serzh Sargsyan will take part in the prestigious Boao Forum for Asia 2015 on March 28.