The trade turnover between Russia and Armenia has exceeded 7 billion dollars, which is a record, stated Russian President Vladimir Putin during a meeting with Armenian Prime Minister Nikol Pashinyan on May 8th in Moscow, according to RIA Novosti.
"The trade turnover has reached over 7 billion dollars. Such a volume in our trade and economic ties has never been seen before," said Putin.
BMG reported that Russia leads Armenia's foreign trade turnover with a volume of over 7.3 billion dollars in 2023. From January to March of the current year, the trade turnover with Russia increased by 2.4 times, amounting to $3.7 billion in monetary terms.
