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Russia Pledges To Resolve Problems Of Idle Enterprises In Armenia

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  • Russia Pledges To Resolve Problems Of Idle Enterprises In Armenia

    RUSSIA PLEDGES TO RESOLVE PROBLEMS OF IDLE ENTERPRISES IN ARMENIA

    Mediamax News Agency, Armenia
    Oct 13 2005

    Yerevan, 13 October: Igor Levitin, Russian transport minister and
    co-chairman of the Russian- Armenian intergovernmental commission,
    admitted in Yerevan today that Russia has not fully met conditions
    of the property-for-debt deal.

    Speaking at a news conference on the outcome of the sitting of the
    commission in Yerevan today, Levitin said that the main problem was
    that Russia did not identify the types of goods to be manufactured
    by the enterprises handed over to Russia within the framework of the
    repayment of Armenia's state debts.

    The Russian minister said that a joint working group had been set
    up for the full resolution of the issue of the enterprises and it
    will submit its proposals to the chairmen of the intergovernmental
    commission in early 2006. "Russia understands its responsibility for
    the fate of these enterprises," Levitin said.

    From: Emil Lazarian | Ararat NewsPress
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