ArmInfo. Moscow is optimistic about the prospects for investments in the Armenian economy, Russian Deputy Foreign Minister Andrey Rudenko said.
"We have very good prospects for economic cooperation. We are quite optimistic about these prospects and believe that, indeed, Armenia has a number of industries that would be attractive to Russian investors, including large investors," Rudenko said, Russian media with reference to RIA Novosti reports.
Earlier, the Deputy Minister of Economic Development of the Russian Federation Dmitry Volvach said that Russian accumulated investments in Armenia in the near future will grow from $ 2.2 billion by another $ 1 billion. He also clarified that these funds will be directed to energy, infrastructure and transport sectors.
To note, Russia is traditionally the main trade partner of Armenia. According to the data of the Statistical Committee of the Republic of Armenia, in January-August of this year, the trade turnover between Armenia and Russia amounted to $ 1.5 billion, which is 12% higher than a year ago. At the same time, exports increased by 30.9% to $ 522 million, imports by 4% to $ 1 billion.
