YEREVAN, JANUARY 24, ARMENPRESS. Russian Premier Dmitry Medvedev has expressed satisfaction with the level of economic cooperation with Armenia and noted that Armenian exports of foodstuff significantly increased last year. “As you know, Russia is Armenia’s key foreign economic partner. Its share amounts to 25% of Armenia’s foreign trade and despite the complicated conjuncture, what we today discussed with my colleague, bilateral trade turnover indexes remain positive. Last year this number exceeded 1 billion USD, but the matter is not only in the absolute numbers. The issue is that despite the price reduction of energy and separate goods supplied by our countries, the number of goods does not reduce, but rises. Another fact – last year imports of Armenian foodstuff significantly increased last year which is explained by Armenia’s accession to the Eurasian Economic Union and reflects our common goal for integration”, “Armenpress” reports Medvedev announced in a joint press conference with Armenian Premier.

Speaking about agriculture, the Russian Premier noted that a great development potential exists in this sphere not only in terms of bilateral purchases of products or agricultural techniques, but also in terms of creating joint agricultural ventures. “Today we have a number of projects, including greenhouse economies, processing of fruits and vegetables which enter Russian trade networks. We have a big market and I think in the near future it is necessary to focus also on this direction”, Medvedev said.