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Russia to treat CSTO alliance on par with domestic partnership

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  • Russia to treat CSTO alliance on par with domestic partnership

    RIA Novosti, Russia
    Aug 20 2004

    RUSSIA TO TREAT CSTO MILITARY ALLIANCE ON PAR WITH DOMESTIC
    PARTNERSHIP: PUTIN


    SOCHI, August 20 (RIA Novosti) - Russia is willing to treat military
    partnership with other countries on the Collective Security Treaty
    Organization on a par with partnership ties within the country,
    reassures President Vladimir Putin.

    He made the statement at a news conference he and President Robert
    Kocharyan of Armenia were addressing after today's summit in Sochi,
    Russia's Black Sea coastal spa.

    The State Duma, Russia's lower parliamentary house, will debate the
    prospects. The Kremlin is ready with a respective resolution, which
    implies all exports/imports within the Treaty Organization proceeding
    from Russian domestic prices, said President Putin.

    The Collective Security Treaty Organization brings together six
    post-Soviet countries-Armenia, Belarus, Kazakhstan, Kyrgyzstan,
    Russia and Tajikistan.

    Mr. Putin spoke about Russian-Armenian economic partnership, too.
    Thus, several Russian industrial companies intend to invest a total
    $26 million to update the Armenian-based Armenal Co.

    Power industrial partnership is an essential aspect of bilateral
    ties, added Russia's President.

    President Kocharyan, in his turn, approved current trends and
    developments in bilateral economic contacts. They became much more
    diversified within the preceding two or three years, and capital
    investment is on an upswing, he said.

    The President highlighted 600 presently available Russian-Armenian
    joint ventures, and stressed an increasing Russian corporate
    participation in Armenian business.

    From: Emil Lazarian | Ararat NewsPress
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