YEREVAN, OCTOBER 4, NOYAN TAPAN. The current state and development prospects of cooperation between Armenia and Romania in trade, industry, agriculture, small and medium business, transport and tourism were discussed at the second meeting of the Armenian-Romanian intergovernmental commission on trade, economic, scientific and technical cooperation on October 4. According to the PR Department of the RA Ministry of Transport and Communication, although a considerable growth of commodity turnover between the two countries has been registered in recent years, there is much potential for further development. Particularly, in 2005, the commodity turnover between Armenia and Romanu made 6 million USD, and during the first seven months of this year goods of 5.6 million USD were imported from Romania into Armenia. It is noteworthy that there is no Armenian-Romanian joint venture in Armenia, while 37 such enterprises operate in Romania with investments of over 3.5 million USD from the Armenian side. The Co-chiarmen of the Armenian-Romanian intergovernmental commission, the Armenian Minister of Transport and Communication Andranik Manukain and the Romanian Minister of Trade Yulyu Vincler will sign on October 5 a protocol which will stipulate the main directions of the economic cooperation between the two countries.

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