Modern Trading Trends in Agricultural and Food Products Between Armenia and Russia

Abstract

The current study is aimed at the evaluation of foreign trade relations between Armenia and Russia in the agricultural and food product sector. The relevance of this work is conditioned by the fact that the external economic relations established between the RA and RF in the current socio- economic development stage are the most important strategic factors for handling the issues in the agricultural sector of Armenia. Implementation of the promotion policy in the export of agricultural and food product enables not only to develop the agricultural sector and to increase the export volumes but also to enhance competitiveness and employment rate of the rural population in the domestic market.