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Traditional RF-Armenia coop based on concrete economic projects

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  • Traditional RF-Armenia coop based on concrete economic projects

    ITAR-TASS News Agency
    TASS
    July 14, 2004 Wednesday

    Traditional RF-Armenia coop based on concrete economic projects

    By Lyudmila Yermakova

    MOSCOW

    The traditional Russian-Armenian cooperation is based on concrete
    economic projects, Federation Council Speaker Sergei Mironov said at
    a meeting with Armenian Prime Minister Andranik Margaryan on
    Wednesday.

    The Armenian premier noted that the countries "have many
    possibilities for cooperation" and called Russia "a strategic partner
    of Armenia." The sides stressed that cooperation is based "on Russian
    investments in Armenian economy owning to which the bilateral trade
    has increased by 30 percent last year." Supplies of nuclear fuel and
    equipment for the Armenian nuclear power plant, energy carriers,
    rough diamonds and equipment promote the development of bilateral
    cooperation.

    The Armenian premier pins high hopes on Russia's aid for involving
    Armenia in the international transport corridor project North-South.
    "We would like to get involved in this project by the end of this
    year, and this is very important for us," Margaryan pointed out.
    Russia, Iran and India signed the agreement for implementing this
    project, and other countries can join it.

    Chairman of the Federation Council Committee for Economic Policy
    Oganes Oganyan noted that this is very important for Russian-Armenian
    relations to restore the railway communication via Georgia. The
    restoration of the broken transport corridor via Abkhazia would allow
    Armenia to considerably increase its GDP.

    He also noted that a meeting of representatives of regions of the
    countries would be held in Yerevan in the end of the year. The
    previous meeting has been recently held in Samara. About 50 Russian
    constituents maintain direct economic ties with Armenia including
    Moscow and Moscow region, Krasnodar territory, St. Petersburg and
    Tatarstan.

    The Armenian prime minister said he intends to take part in
    settlement of the situation in South Ossetia. Margaryan said he will
    visit Georgia shortly and intends to discuss the South Ossetian issue
    with the leadership of the country.
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