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Russia did not lose interest in Asset-for-Debt deal

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  • Russia did not lose interest in Asset-for-Debt deal

    AZG Armenian Daily #165, 15/09/2005


    Economy

    RUSSIA DID NOT LOSE INTEREST IN ASSET-FOR-DEBT DEAL

    The Russian side has not so far presented the list of activities of Armenian
    enterprises that Russia obtained within the frameworks of Asset-for-Debt
    Project, trade and economic development minister Karen Tcshmaritian told
    Mediamax agency. Asked whether Russia will not lose its interest in Armenian
    enterprises, the minister said that "Russia is still paying attention to
    this issue". He said that the enterprises are in ready-to-work position but
    do not function to the uttermost capacity. Minister Tcshmaritian expressed
    hope that Russia will soon present its projects to RA Trade and Economic
    Development Ministry, after which it will be possible to speak about
    operation dates and investment size.
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