Rostov-on-Don. - Free economic zone regime for Russian businessmen in Armenia will significantly contribute to their activities, said Russian Minister of Transport Igor Levitin on Friday, during the sitting of intergovernmental commission on economic cooperation between Russia and Armenia in Rostov-on-Don.

“Turnover of goods between Armenia and Russia in 2010 increased by 10 percent, equaling to $1 billion. The first four months of current year marked turnover increase of 14 percent in relation to same period of 2010,” said Prime Minister of Armenia Tigran Sargsyan, who participated in the sitting.

According to Sargsyan, the sides need to increase the intensity of mutual contacts and to establish a permanent exchange of information on investment projects of mutual interest.