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Russia-Armenia cooperation has a lot of reserves - Putin.

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  • Russia-Armenia cooperation has a lot of reserves - Putin.

    Russia-Armenia cooperation has a lot of reserves - Putin.

    Itar-Tass, Russia
    March 25 2005

    YEREVAN, March 25 (Itar-Tass) - There are a lot of reserves for
    Russian-Armenian cooperation, President Vladimir Putin said.

    "At present, Russia and Armenia are equally interested in the deepening
    of broad contacts and see their future in close integration with each
    other," he said at ceremony of opening a Year of Russia in Armenia
    on Friday.

    Putin said Russia is a main investor and trade partner for Armenia.

    Russian investments play an important role in development of key
    sectors of the Armenian economy, Putin said.

    "On the whole, Armenia is a beneficial and promising partner for
    Russian business in joint energy, infrastructure, transport and
    other projects."

    "We should make it so that they are used to full capacity. We are to
    look for effective models of cooperation, open new possibilities for
    the free movement of capital, goods and services, including by using
    the potential of the CIS and other associations," Putin said.
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