Armenian Economy Minister Vahan Kerobyan stated that the growth in trade between Yerevan and Moscow could reach 60 percent by the end of this year. The minister stated this in an interview at the Innoprom-2023 exhibition in Yekaterinburg. TASS.
According to Kerobyan, the trade volume between Armenia and Russia in 2022 exceeded 5 billion dollars, now there is a double increase in trade. The Minister expressed the view that the growth will be 50-60 percent by the end of 2023.
Kerobyan noted that Russia is Armenia’s main trading partner. He also stated that Armenia’s trade with other EAEU countries has doubled.
Vahe Hovhannisyan, former Minister of Finance of Armenia declaration About the sharp increase in Armenian exports to Russia. According to the minister, the growth in exports to the Russian Federation in 2022 compared to 2021 amounted to 187%. According to him, the main part of deliveries consisted of re-exports. At the same time, the delivery of Armenian products to Russia increased by 47 percent.
Formerly Red Wings announced Launch of a new airline from Moscow to Georgia.