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Agreement On Cooperation Between Armenia And Rostov Region To BeSign

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  • Agreement On Cooperation Between Armenia And Rostov Region To BeSign

    AGREEMENT ON COOPERATION BETWEEN ARMENIA AND ROSTOV REGION TO BE SIGNED IN AUTUMN

    Noyan Tapan
    Apr 18 2006

    ROSTOV-ON-DON, APRIL 18, NOYAN TAPAN. The current state and prospects
    of development of the Armenian-Russian inter-regional cooperation
    were discussed during a meeting of the RA Minister of Territorial
    Administration Hovik Abrahamian and the Governor of Rostov region
    (Russia) Vladimir Chub on April 17. The sides pointed out the necessity
    to use the existing potential for inter-regional cooperation to
    the full. H. Abrahamian attached importance to further extension
    of direct cooperation with Rostov region, underlining that Rostov
    region is a highly attractive partner for Armenia in terms of its
    geographical location, production and scientific potential. Noting
    that commodity turnover between Armenia and Rostov region made 6 mln
    dollars in 2005 and is continuing to grow each year, V. Chub stressed
    the need for further increase in the bilateral trade turnover. Issues
    of mutual interrest such as the necessity to attract more investments
    of the Russian business circles in Armenia's economy, to set up joint
    ventures and establish economically efficient transport communication
    between the two countries, etc. were discussed at the meeting. The
    sides reached an agreement, in accordance with which the governor of
    Rostov region will visit Armenia this autumn with the aim of signing
    an agreement on trade, economic, scientific, technical and cultural
    cooperation between Armenia and Rostov region. According to the RA
    MFA Press and Information Department, the Armenian delegation headed
    by H. Abrahamian is in Rostov region in order to participate in Days
    of Armenia held on April 16-19.
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