The Armenian-Indian relations have a big undeveloped potential, Armenian Deputy Foreign Minister Shavarsh Kocharyan has told ArmInfo.
Kocharyan points at the Armenian-Indian cooperation in political, economic, cultural and other areas. In addition, the two countries cooperate within various international organizations. "I cannot help mentioning that Armenia shows a huge interest in the Indian culture," the deputy minister says.
He also points at the efficient cooperation in the IT sector. "In this context, India has always been an example for us. It is one of the first countries to show us the capacities of the IT sector," he says.
"History itself laid the basis of the friendly relations between Armenia and India. Meanwhile, I think there is a big undeveloped potential. The world is changing rapidly. The role of oil, which determined the entire global policy, will never be the same. The world must choose a new path and we must use the existing potential," he stresses.
To note, Yerevan held a reception dedicated to the Republic Day of India.
According to the Armenia-India commodity turnover information posted at the official website of the Armenian Foreign Ministry, in 2017 the export totaled $225.3 thsd (versus $203.4 thsd in 2013) and import amounted to $63485.0 thsd (versus $67416.7 thsd a year before).
The main imported goods are meat products, tea, rice, precious metals, pharmaceuticals, textile, jewelry, industrial commodities, plastic articles, floor-cloth, and electric appliances.
The main exported goods are precious and semiprecious stones, copper and copper articles, aluminum and aluminum items, chemical industry items, rubber, and clay brick.