Armenian trade turnover falls behind CIS countries
Read on the website Vestnik KavkazaIndicators 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.