Armenian-German business forum held in Yerevan
An Armenian-German business forum took place in Yerevan on Monday. The event was organized by the Armenian Development Agency, with the assistance of Germany’s Embassy in Yerevan.
Head of the Economy Ministry's Investment Policy Department Vahagn Lalayan highlighted the significance of such events for the development of economic cooperation.
“Political relations between Armenia and Germany are deeper than the economic ties, so we should make every effort to expand the economic relations,” said the official.
Mr Lalayan said that in January-August 2014 trade volumes between Armenia and Germany made $300 million, marking a 28.8 percent growth as compared with 2013. Exports from Armenia to Germany totaled $106.5 million and imports from Germany made $188 million.