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Foreign minister comments on Russia running Armenian companies

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  • Foreign minister comments on Russia running Armenian companies

    Foreign minister comments on Russia running Armenian companies

    RosBusinessConsulting Database
    February 17, 2005 Thursday

    Russia is doing its best to enhance operational activities of Armenian
    companies after securing control over them under debt restructuring
    agreements, head of the foreign ministry of Russia Sergey Lavrov
    announced in the Armenian capital of Ereven after a meeting with
    Armenian Prime Minister Andrahik Mrakarian. The foreign minister
    stressed the importance of timely fuel supplies for the Armenian
    nuclear power station and the work aimed at updating this station.

    Armenia handed control over its companies to Russia to settle its
    debt worth USD93m under bilateral agreements signed in 2002.
    From: Baghdasarian
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