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Relations between Armenia and Slovakia have great potential, Slovakia’s Minister of Foreign and European Affairs Ivan Korčok told a joint news conference with his Armenian counterpart Ararat Mirzoyan in Yerevan on Tuesday.

“I am here to reaffirm the growing dynamics of relations between Armenia and Slovakia, which need to be intensified. There is no doubt that relations between our two countries have great potential [for development], in particular in the economic sphere,” the Slovak FM said.

Korčok highlighted the opening of the Slovak Republic Embassy in Yerevan in February last year.

“We have the potential for economic cooperation. Last year, there was a certain growth in trade turnover, but we must surpass these numbers,” he said, adding that the Armenian and Slovak peoples will benefit from it.

According to the Slovak minister, the energy sector is very promising in terms of cooperation.

“A company in Slovakia is currently in talks to participate in the modernization of the Metsamor Nuclear Power Plant,” Korčok said, adding that there are also opportunities for cooperation in agriculture, tourism, IT and renewable energy sectors.