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Armenian PM, Federation Council speaker discuss bilateral coop

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  • Armenian PM, Federation Council speaker discuss bilateral coop

    Interfax, Armenia
    July 14 2004

    Armenian PM, Federation Council speaker discuss bilateral cooperation


    Moscow. (Interfax) - Armenia counts on Russia's support for its
    efforts to join the North-South international transport corridor,
    said Armenian Prime Minister Andranik Margarian.

    "Participation in this project is very important for the Armenian
    economy and for Armenia as a whole," Margarian said following his
    talks with Federation Council Speaker Sergei Mironov on Wednesday.

    Margarian said that Armenia has handed over five Armenian
    enterprises, including the Razdan thermal power plant, which accounts
    for about 30% of Armenia's energy production, in payment of its state
    debt.

    He also announced that the talks had dealt with diamond quotas
    provided to Armenia by Russia.

    Chairman of the Federation Council's Economic Policies Committee,
    Oganes Oganian, told journalists that under a Russian-Armenian
    intergovernmental agreement, Russia has assigned a diamond quota of 4
    million carats in rough diamonds to be cut at Armenian enterprises.
    "This has allowed Armenia to create over 3,000 jobs and partially
    solve the problem of unemployment which is very acute in Armenia,"
    Oganian said.

    He said the parties had discussed the question of unblocking the
    railway running across Georgia, Abkhazia an Armenia. This would help
    increase Armenia's GDP by 40%.

    From: Emil Lazarian | Ararat NewsPress
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