Armenia’s Deputy Prime Minister, Mher Grigoryan, expressed satisfaction with the significant progress in trade and economic relations with Russia. Speaking to journalists after the Armenia-Russia Intergovernmental Commission meeting in Moscow, Grigoryan highlighted the nearly twofold increase in trade between the two countries as a remarkable achievement.

“Of course, there is still work to be done to further develop this cooperation, but the nearly twofold trade growth is an excellent result,” Grigoryan stated.

The Deputy Prime Minister noted that many topics were discussed during the session, covering economic and trade relations, energy, and transport infrastructure. “We have recorded strong performance and systematic growth across all areas this year,” he remarked.

Grigoryan also addressed the recent agreement concerning the Armenian-Russian University in Yerevan. “The Armenian-Russian University is a key project in the humanitarian sphere. The 1997 agreement governing its activities no longer aligns with the current legislation of both countries, necessitating the signing of a new document,” he explained.

Air and Rail Traffic Between Armenia and Russia Shows Notable Growth

Armenian Deputy Prime Minister Mher Grigoryan highlighted significant increases in air and rail traffic between Armenia and Russia during the 23rd Intergovernmental Commission on Economic Cooperation meeting held in Moscow on December 20.

As of December 15, over 28,000 tons of cargo were transported by air between the two countries, reflecting a 12 percent increase compared to the same period last year. Additionally, approximately 2.4 million passengers traveled by air during the same timeframe.

Regarding rail transportation, Grigoryan reported a 7 percent rise in passenger numbers for the first 10 months of 2024, with 480,000 people using rail services.