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March 28
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YEREVAN. – Negative effect of western sanctions against Russia may be mitigated with expanding geography of foreign trade, Economy Minister Karen Chshmarityan said on Friday.

This is the reason Armenia has to expand trade ties not only with the Eurasian Union and even not only the EU, but the countries of Eastern Asia, North and South America.

“We are trying to move in this direction, and this will make us flexible in international talks. Thus, negative effect on economy of some country or a region will be minimized,” the Minister told reporters.

 

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