Announcement

Collapse
No announcement yet.

Armenian president satisfied with big deal with Moscow

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenian president satisfied with big deal with Moscow

    Armenian president satisfied with big deal with Moscow
    By Veronika Romanenkova

    ITAR-TASS News Agency
    May 14, 2004 Friday

    OGARYOVO, May 14 - The Russo-Armenian big deal - "the Armenian debt
    written off in exchange for its property" enables to develop both
    military-technical cooperation and economic cooperation in general,
    Armenian President Robert Kocharyan said at a meeting with President
    Putin.

    "Very interesting projects are under way in the economics sector - such
    as the Russia's big Vneshtorgbank expanding its activities to Armenia,"
    he said. A very interesting contract has been signed in the chemistry
    sector that heralded creation of big chemical industry in Armenia
    with the help of Russian investments. There are other interesting
    projects that are a good example of the investment activities of
    Russian businessmen in the construction and other sectors in Armenia,
    Kocharyan said.

    "All these projects were started by the big deal - the Armenian debt
    off in exchange for property. Until recently, we had been talking
    about a military-technical component of cooperation and complaining
    that the economics had been lagging behind," Kocharyan said.

    "Now, I can say with confidence that we have been synchronously making
    headway on all the positions", the Armenian president stressed.

    In a separate statement. Robert Kocharyan congratulated Vladimir Putin
    on being elected president of Russia for a second term." I would
    like to thank you for the invitation and congratulate you on first
    steps in your new four-year period and the opening of "a new season",
    Kocharyan said.

    The Armenian president is the first foreign guest to visit President
    Putin after his inauguration as the Russian president held on May 7.
    Robert Kocharyan arrived in Moscow at the invitation of President
    Putin on Thursday. The Armenian president will also meet Prime Minister
    Mikhail Fradkov, Gazprom Board Chairman Aleksei Miller and President
    of Itera group Igor Makarov. Both Miller and Makarov are the heads
    of the companies that ensure supply of Russian gas to Armenia.
Working...
X