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Putin calls for diversification of Russian-Armenian relations

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  • Putin calls for diversification of Russian-Armenian relations

    ITAR-TASS News Agency
    TASS
    August 20, 2004 Friday 6:26 AM Eastern Time

    Putin calls for diversification of Russian-Armenian relations

    By Mikhail Petrov

    SOCHI

    Russian President Vladimir Putin has called for diversification of
    Russian-Armenian relations. Opening a meeting with Armenian leader
    Robert Kocharyan, Putin noted a decrease in bilateral trade turnover.


    "We know the reasons behind it - a very low degree of diversification
    of relations," the Russian president said.

    Putin said he was interested in exchanging opinions with Kocharyan
    over this important issue.

    The low degree of diversification of relations caused losses in trade
    turnover. "A closure of one company for upgrades cut supplies of one
    kind of product and, consequently, resulted in a dramatic decrease in
    the overall turnover," the head of the Russian state said.

    For his part, Robert Kocharyan confirmed that "changes on the diamond
    market led to certain roughness in relations," meaning the
    cancellation of quotas for supplies of Russian diamonds to Armenia.

    As for the companies closing for upgrades - such as the Armenal
    aluminum producer - "it is expected to double supplies after the
    modernization, according to Kocharyan.

    "In all other positions, in economy on the whole, we have been making
    headway," the Armenian president said.
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