Time in Yerevan: 11:07:36,   5 December

Armenian-Italian economic ties develop dynamically: Brief information ahead of PM Pashinyan’s visit

Armenian-Italian economic ties develop dynamically: Brief information ahead of PM Pashinyan’s 
visit

YEREVAN, NOVEMBER 20, ARMENPRESS. Armenian Prime Minister Nikol Pashinyan and his delegation will pay an official visit to Italy on November 20-22.

Ahead of the PM’s visit ARMENPRESS presents information on the Armenian-Italian economic and political relations.

Economic relations

According to the data of Armenia’s Statistical Committee, Armenia’s trade turnover with Italy was 195.7 million USD in January-September 2019, which increased by 13.4% compared to the same period of 2018 (172.6 million USD). In January-September 2019 the export from Armenia to Italy amounted to 46.49 million USD, which again increased by 25.6% compared to January-September 2018 (37.0 million USD). In January-September 2019 the import from Italy to Armenia, by country of origin, comprised 149.26 million USD, which increased by 10.1% compared to the same period of 2018 (135.6 million USD).

At the same time, Armenia’s trade turnover with Italy in 2018 comprised 232.48 million USD, which increased by 15.5% compared to 2017 (201.3 million USD). In 2018 the export from Armenia to Italy comprised 49.88 million USD, the increase was 15.2% compared to 2017 (43.28 million USD). In 2018 the import from Italy to Armenia, by country of origin, comprised 182.6 million USD, the increase was 15.6% against 2017 (158.0 million USD).

Main products exported from Armenia to Italy in 2018

-Textile products

-Gold

-Jewelry

-Aluminum foil

-Wines

 

Main products imported from Italy to Armenia in 2018

 

-Synthetic fiber fabrics

-Jewelry

-Central heating boilers

-Natural fur clothing

-Animal feed

-Medicines

 

Political relations

Armenia and Italy established diplomatic relations on March 17, 1992. As of April 23, 2018, 3 protocols, 12 cooperation agreements in different spheres, 9 memorandums of understand were signed between the two countries. Armenia and Italy also signed a joint declaration on the economic cooperation.

Italy’s Chamber of Deputies adopted a decision on November 16, 2000 by recognizing the Armenian Genocide.

On April 10, 2019 the Parliament of Italy adopted a resolution on the Armenian Genocide urging the government to officially recognize the Armenian Genocide. The resolution was adopted with 382 votes in favor, 0 against and 43 abstentions.

 

***

The Armenian Prime Minister’s visit to Italy will start in Venice: Nikol Pashinyan will call at the Mekhitarist Congregation’s Mother See on Saint Lazarus Island, where he will meet with the Congregation’s members.

Prime Minister Nikol Pashinyan will then leave for Milan where he will meet with representatives of the Armenian community at S. Forty Martyrs’ (S. Qarasun Mankunq) Armenian Apostolic church.

Nikol Pashinyan will visit the Institute for International Political Studies in Milan, where he will meet with Milan Mayor Giuseppe Sala, after which he will attend a discussion entitled “Dialogue on Future.” Nikol Pashinyan will meet with representatives of the government of Lombardia and business circles and will participate in an Armenian-Italian joint business forum.

The Premier will leave Milan for Rome, where he will meet with Italy’s top officials. Prime Minister Pashinyan will first meet with Giuseppe Conte, Chairman of the Council of Ministers of the Italian Republic, at the Palazzo Chigi, which is the Italian Premier’s official residence in Rome. Following the meeting, the two Prime Ministers will summarize the results of their talks with a joint statement for the media.

In Rome, Nikol Pashinyan will meet with President of the Senate of the Republic Maria Elisabetta Casellati and President of the Italian Institute of Foreign Trade Carlo Ferro

The Armenian Prime Minister and his spouse are scheduled to call at St. Nicholas Armenian Catholic church and the Levonite Priestly College in Rome.

Edited and translated by Aneta Harutyunyan

 




youtube

All news    


Haypost

New Xar

About agency

Address: Armenia, 22 Saryan Street, Yerevan, 0002, Armenpress
Tel.: +374 11 539818
E-mail: [email protected]
settings Page Configuration