The Ukrainian Chamber of Commerce and Industry is hosting the Ukrainian-Armenian business forum on September 6-8.

The Armenian delegation is comprised of representatives of 15 companies engaged in mechanical engineering and high technology industries, as well as consumer goods and import-export fields.

An agreement on cooperation between the Armenian and Ukrainian Chambers of Commerce and Industry will be signed during the business forum, Analitikia.at.ua reported.

The first Armenian-Ukrainian business forum was held in Yerevan in June 1998.

According to data provided by the RA National Statistical Service, 52.5% growth was recorded in the turnover between Armenia and Ukraine in the first half of 2010 as compared with the same period in 2009, reaching $96.7mln or 5.4% of Armenia’s foreign trade. Meanwhile, the negative balance of Armenia’s turnover with Ukraine grew by 56.3% in January-June 2010, totaling $87.1mln.