News

Czech President Pledges Support for Armenia’s Efforts to Reduce Economic Dependence on Russia

PRAGUE — The Czech Republic will seek to support Armenia in reducing its economic dependence on Russia and diversifying its economic relations, Czech President Petr Pavel said.

Pavel made the remarks during a joint press conference following talks with Armenian President Vahagn Khachaturyan at the presidential residence.

The Czech president welcomed Armenia’s efforts to reduce its economic dependence on Russia.

He said Russia uses its influence to exert pressure on neighboring countries and prevent them from expanding their relations with other nations.

“Armenia is heavily dependent on the Russian market, and we will try to provide support so that the country can reduce that dependence,” Pavel said.

He noted that the Council of the European Union had recently adopted a decision liberalizing access to the EU market for approximately 80 percent of goods exported from Armenia by temporarily eliminating tariffs on those products for a two-year period.

Pavel said he sees significant potential for cooperation with Armenia in several sectors, including energy, artificial intelligence, cybersecurity and security.

“We are focusing on these issues during our meetings, and I hope that we will see concrete results in the near future,” Pavel said.

MassisPost

Share
Published by
MassisPost

Recent Posts

TRIPP Opens New Commercial Opportunities for American Companies, Says U.S. Diplomat

YEREVAN -- The Trump Route for International Peace and Prosperity (TRIPP) will create new commercial…

12 hours ago

Pashinyan: Fighting Corruption Is a Genuine and Fundamental Priority for Armenia

YEREVAN -- Armenian Prime Minister Nikol Pashinyan has reaffirmed his government's commitment to combating corruption,…

12 hours ago

Russia Accuses Armenia of Shifting Responsibility for Its Decisions Onto CSTO Members

MOSCOW -- Russian Deputy Foreign Minister Alexander Pankin has accused Armenia of attempting to shift…

12 hours ago

Armenia Assures Iran That TRIPP Will Not Alter Regional Borders or Geopolitics

TEHRAN -- Armenia has assured Iran that the Trump Route for International Peace and Prosperity…

12 hours ago

U.S., Armenia and Azerbaijan Establish Trilateral Technical Groups to Advance TRIPP Project

WASHINGTON, DC -- The United States, Armenia, and Azerbaijan have announced the establishment of trilateral…

16 hours ago

Some 25,000 Displaced Artsakh Armenians Have Purchased Homes or Are Building Them With State Assistance

YEREVAN -- Approximately 25,000 Armenians displaced from Artsakh (Nagorno-Karabakh) have purchased residential property in Armenia…

17 hours ago