YEREVAN. – Intensification of foreign trade in the fourth quarter will revive Armenia’s economy, Prime Minister Hovik Abrahamyan told reporters on Wednesday.

“Global economic war has a negative impact on Armenia. Our team headed by the president will do everything we can, and I think we will achieve success. You do not have to expect immediate results. There are foreign factors not depending on us, but we will try to overcome the obstacles,” Abrahamyan assured.

PM said economic growth is expected to reach 3-4% by the year end, although “some our experts, including economy ministry, are more optimistic”.