The Armenian-Russian trade soared to $3.7 billion in the first seven months of 2023, Armenia’s Economy Minister Vahan Kerobyan said in his welcoming speech at a business breakfast with representatives of the Armenian and Russian business communities.
He noted that Armenian exports to Russia amounted to $2 billion, while imports grew to $1.7 billion, 70% more than in the first seven months of 2022, when the trade between the countries doubled.
"Trade is growing quite vividly, but we see that this is not the limit and we intend to further increase our cooperation in various spheres," he said, ARKA reports.
