Yerevan, February 21 /Mediamax/. The Chairmanship of Germany in the European Union can play a positive role in the Armenian-German political cooperation.

Mediamax reports that the Armenian Ambassador to Germany Karine Kazinian said this in the “Friday” press club today. According to him, during the period of Armenia’s independence the volume of German investments in the Armenian economy made over 200mln euro; and the annual trade turnover between the two countries reaches 400mln euro. At the same time, the Ambassador thinks that the given indices are not high, taking into consideration Germany’s potential.

Karine Kazinian stressed that there are unused opportunities from the point of view of mutually beneficial cooperation in the sphere of chemical industry, mechanical engineering and etc.

The Ambassador informed that officially there are 30 thousand Armenians residing in Germany.