Trade turnover between Russia and Armenia may reach record high in 2024 - Putin

p

YEREVAN, October 8. /ARKA/. Trade and economic relations between Armenia and Russia are developing very vigorously and successfully. This was stated by Russian President Vladimir Putin at an expanded meeting with Armenian Prime Minister Nikol Pashinyan.nbsp;br/pp

Last year, trade turnover reached $7.4 billion, and in the first half of this year it grew 2.5 times, exceeding $8.3 billion. If we continue at this pace, this means that this year's trade turnover could amount to $14-16 billion. This is a record figure, Putin said./pp

According to the National Statistical Committee, the volume of trade turnover between Armenia and Russia increased by 2.1 times in the first 8 months of this year compared to January-August 2023, reaching approximately $9 billion. Exports decreased by 19.5% to $1.9 billion, while imports increased by 3.6 times, amounting to $7.2 billion. -0-/p