Armenian trade turnover falls behind CIS countries

Read on the website Vestnik Kavkaza

Indicators of Armenian trade turnover are falling behind CIS states,
News.am reports. The red ink balance for January-July 2010 is $1.7
billion. Armenia is followed by Belarus ($4.2 billion) and Ukraine
($3.4 billion).


Kazakhstan, Russia and Azerbaijan have positive indicators. Russia's
balance is $105 billion, a record indicator in Russian history. It
exceeds the previous year's indicator by 62%. It is mainly due to
higher oil prices. Azerbaijani balance equals to $8.5 billion,
compared with last year"s $3.8 billion.