Armenia, Bulgaria Planning To Hold Economic Intergovernmental Commission’s Session
YEREVAN, April 30. /ARKA/. Armenian Prime Minister Tigran Sargsyan and Bulgarian Ambassador to Armenia Todor Staykov, who met on Tuesday, expressed hope that it will be possible to hold Armenian-Bulgarian intergovernmental commission’s session on economic cooperation and a bilateral economic forum as part of the session this fall, governmental press office reports.
Premier and the ambassador pointed out that unlike political ties, economic relations between the two countries are underdeveloped and stressed the necessity to spur them.
Sargsyan said that the agreement on establishing Armenian-Bulgarian intergovernmental commission on economic, scientific and technical cooperation took force in February and added that Armenian members of the commission will be named the next week.
National Statistical Service of Armenia says Armenian-Bulgarian trade turnover grew 3.1 times in 2007 and reached $133.1 million.
Goods worth $45.6 million were exported from Armenia to Bulgaria in 2007. This result is 35.5 times greater than that of the previous year.
Bulgarian imports to Armenia grew 2.1 times from $87.5 million in 2006.