Russian official reports $1,2 bn trade turnover with Armenia in 2012![]() April 24, 2013 - 14:21 AMT PanARMENIAN.Net - Russia continues to be Armenia’s main trade partner and leading foreign investor in the county’s economy, with bilateral turnover totaling $1,2 billion in 2012, Russian Foreign Ministry spokesman said. As Alexander Lukashevich told RIA Novosti ahead of Armenian Foreign Minister Edward Nalbandian’s visit to Moscow, “1,3 thousand Russian capital-based enterprises are currently operating in Armenia, with fuel and energy sector as priority in the countries’ economic cooperation.” Edward Nalbandian will pay an official visit to Moscow on April 25. Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news |