Expert: Armenia has the potential to strengthen economic ties with BRICS 

Economist Anna Pakhlyan argues that Armenia could reach important agreements with Iran, India and China on infrastructure development at the upcoming BRICS summit in Russia on 22-24 October. Armenia, a non-BRICS member and first-time participant in the BRICS summit, has strong economic ties with most of the BRICS members and is willing to develop economic relations with others.  

Pakhlyan argues that "reaching agreements with Iran, India and China on issues of road infrastructure development" will further enhance cooperation. Although Armenia has increased trade relations with Russia, the UAE, China, Iran and India, imports and exports with other BRICS countries such as Ethiopia and South Africa remain low.

Source: commonspace.eu with other agencies.    

Related articles

Editor's choice
News
Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell underlined that the European Union will make every effort to support the peace process and to remain a committed partner to the Afghan people. "Of course, we will have to take into account the evolving situation, but disengagement is not an option.  We are clear on that: there is no alternative to a negotiated political settlement, through inclusive peace talks.
Editor's choice
News
Drones attacked a vessel carrying aid to Gaza in international waters

Drones attacked a vessel carrying aid to Gaza in international waters

Drones attacked a vessel carrying aid to Gaza while it was in international waters off Malta on Friday, the group organizing the shipment said. A fire broke out but was brought under control, according to authorities. A nearby tugboat responded to a distress call from the Conscience, which was carrying 12 crew members and four civilians, Malta’s government said, adding that those aboard refused to leave their ship. The group was safe and no injuries were reported, it said.

Popular

Editor's choice
News
Drones attacked a vessel carrying aid to Gaza in international waters

Drones attacked a vessel carrying aid to Gaza in international waters

Drones attacked a vessel carrying aid to Gaza while it was in international waters off Malta on Friday, the group organizing the shipment said. A fire broke out but was brought under control, according to authorities. A nearby tugboat responded to a distress call from the Conscience, which was carrying 12 crew members and four civilians, Malta’s government said, adding that those aboard refused to leave their ship. The group was safe and no injuries were reported, it said.