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YEREVAN. – Development of economic cooperation with Armenia is a priority for Lithuania, Ambassador Erikas Petrikas told reporters on Monday.

He believes economic relations between the states must develop and rise to a new level.

“Trade turnover is increasing by 20 percent each year, but we want to take steps to turn perspectivea areas for bilateral cooperation into practical measures,” Petrikas said.

As to the concrete areas of cooperation, Petrikas noted that while taking first steps in Russia, Ukraine and Belarus, Lithuania relied on exports.

“However, we realized that export is not always an option to gain market,” he emphasized.

Petrikas noted that Armenia may be an interesting market for investments that will grow into export, pointing out IT sector as prospective area for cooperation.

This text available in   Հայերեն and Русский
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