ArmInfo. Armenia and Canada intend to intensify economic ties. This was stated during the meeting of the Ambassador Extraordinary and Plenipotentiary of Canada to the RA (residence in Moscow) Alison LeClaire with the RA Deputy Prime Minister Tigran Avinyan.
According to the press service of the government, during the meeting the interlocutors agreed that the volumes of mutual trade do not correspond to the existing potential. In this context, the parties discussed the possibility of activating economic ties, in particular in agriculture and the IT sector. Tigran Avinyan emphasized the importance of further expanding and deepening the cooperation of Armenia with Canada. He expressed gratitude for the assistance provided to Armenia by the Government of Canada in the implementation of democratic reforms.
In her turn, the Ambassador, praising the changes that occurred in Armenia after the Velvet Revolution, emphasized that there is a solid basis for the further development of relations between Armenia and Canada. It should be noted that according to the RA Statistical Committee, the foreign trade turnover between Armenia and Canada in 2019 increased by 51.2% to $ 95.7 million. In particular, exports grew by 84.2% to $ 61.2 million, with an increase in imports by 14.8% up to $ 34.5 million
