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New Coop Agreememt Between Armenia & Moscow Region To Be Signed Soon

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  • New Coop Agreememt Between Armenia & Moscow Region To Be Signed Soon

    NEW AGREEMEMT ON COOPERATION BETWEEN ARMENIA AND MOSCOW REGION TO BE
    SIGNED SOON


    YEREVAN, SEPTEMBER 15, NOYAN TAPAN. A delegation headed by Boris
    Gromov, the governor of the Moscow region (Russia), will soon arrive
    in Armenia with the aim of signing an agreement on economic
    cooperation between Armenia and the Moscow region. Ludmila Molchanova,
    Deputy Chairwoman of the Committee for Small and Medium Business
    Development of the Moscow region, said at the "Cooperation 2005"
    Armenian-Russian business meeting that the agreement has already been
    sent to the RA Ministry of Foreign Affairs and is in the process of
    adjustment. It was noted that the first agreement on cooperation
    between the Armenian government and the Moscow region was signed as
    far back as 1997.

    According to L. Molchanova, the Moscow region has been a serious trade
    and economic partner for Armenia. For instance, in 2004, the trade
    turnover grew more than fourfold over 2000. The Moscow region is the
    largest in Russia in terms of its population. In 2004, direct
    investments of over 1 bln USD were made in the region, while its trade
    turnover made 6.8 bln USD.

    From: Emil Lazarian | Ararat NewsPress
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