Armenian-Czech trade and economic ties should strengthenJuly 7, 2008 - 14:52 AMT PanARMENIAN.Net - Activation of Armenian-Czech trade and economic relations will encourage political dialogue between the two countries, Armenia's Foreign Minister Edward Nalbandian said in his opening remarks before the Armenian-Czech business forum that started in the Armenian Development Agency today. "Our bilateral relations should develop and I am hopeful that this event will help Armenian and Czech entrepreneurs to establish closer ties. For its part, the Armenian Foreign Ministry will do utmost in its power for proper implementation of joint programs and initiatives," he said. For his part, Czech Foreign Minister Karel Schwarzenberg said that the potential of the Armenian-Czech relations is not used in toto. "One of the aims of my visit to Armenia is activation of bilateral economic relations. Despite the progress fixed in past several years, the volume of commodity turnover still remains poor," he said. According to statistical data, the commodity turnover between Armenia and Czechia amounted to $7.7 million in 2004, the figure reaching $18.2 in 2007. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province. €3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms. Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |