Armenian, Russian economy ministers discuss cooperation

YEREVAN, AUGUST 25, ARMENPRESS. Armenian and Russian business community representatives held a meeting on Friday in Armenia within the framework of the Eurasian Intergovernmental Council session.

Armenian Minister of Economy Vahan Kerobyan and Russian Minister of Economic Development Maxim Reshetnikov participated in the event and discussed the cooperation.

Kerobyan said that he discussed with his Russian counterpart a number of issues related to investments, joint projects and logistics.

Reshetnikov said that issues related to macroeconomy and the economic policy of the country were raised during the luncheon.

The Russian minister said that the “dramatic” drop of the ruble against the dram has caused some concerns among Armenian businessmen exporting goods to Russia.

“This is a current situation and it doesn’t cancel the strategic tasks. Strategic tasks are mutual investments, new projects and cooperation,” the Russian minister said.

He also spoke about the intensive trade turnover between Armenia and Russia, noting that some issues emerge in the process and require solutions by relevant government agencies.

Reshetnikov said he agreed with Kerobyan to supervise all issues, give comprehensive explanations to businesses and make certain adjustments whenever needed.

He said the meeting with the business community was “very interesting and important” because the contacts, trade and joint investments are growing between the two countries.