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Putin discusses diamonds, aluminium with Armenian leader

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  • Putin discusses diamonds, aluminium with Armenian leader

    Putin discusses diamonds, aluminium with Armenian leader

    RTR Russia TV, Moscow
    20 Aug 04


    Presenter We have just received footage of Vladimir Putin's meeting
    with Armenian President Robert Kocharyan. Referring to the main areas
    of cooperation between the two countries, the Russian head of state
    noted the good development of relations in the political sphere and in
    a number of other sectors. At the same time, however, Vladimir Putin
    proposed to his Armenian colleague that they discuss certain
    problematic issues, notably the reduction in two-way trade.

    Putin There are certain things which cannot fail to worry us. I have
    in mind the reduction in the level of trade during the first half of
    the year. I am sure you would like to discuss this topic as well. As
    we know, there is a simple reason for this. It is the very low degree
    of diversification in our relations. It took only one enterprise to
    close for modernization, reducing the delivery of one type of
    commodity, for overall trade to contract sharply and immediately.

    Kocharyan The main trade item exported from Russia to Armenia is
    diamonds, but the liberalization of the diamond market has led to some
    bumpy patches in relations.

    Putin It appears that the enterprise -

    Kocharyan Armenal Armenian Aluminium .

    Putin Yes.

    Kocharyan Yes. The modernization programme for Armenal is such that,
    after it is completed, the volume of production will simply double.

    Putin Yes.

    Kocharyan It will be at a completely different level.

    Presenter Vladimir Putin also said Russia would fully meet the
    Armenian Defence Ministry's request for training of specialists at
    Russian colleges. The Russian head of state specified that about 150
    Armenian servicemen would be able to study in Russia this year.
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