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Russian-Armenian Trade Turnover Growing - Putin, Kocharian

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  • Russian-Armenian Trade Turnover Growing - Putin, Kocharian

    RUSSIAN-ARMENIAN TRADE TURNOVER GROWING - PUTIN, KOCHARIAN

    Interfax News Agency
    Russia & CIS Business and Financial Newswire
    August 15, 2006 Tuesday 7:19 PM MSK

    The Russian and Armenian presidents agreed that trade between the two
    countries is growing and expressed their hope for good prospects in
    bilateral relations.

    "Trade turnover is growing, and I am sure there are good prospects
    for this grow and a desire of the business community to develop
    relations of partnership," Russian President Vladimir Putin said
    at a meeting with Armenian President Robert Kocharian in the run-up
    to the opening of an informal Eurasian Economic Community (EurAsEC)
    summit in Sochi on Tuesday.

    The Armenian president also pointed to growth in mutual trade turnover,
    but emphasized that "it would be difficult to achieve good quality
    without resolving the problems of communication and transportation."

    Kocharian proposed that the two countries focus on the "investment
    component" and mentioned a project in which the Russian aluminum giant
    Rusal was involved and which had been announced in Sochi two years ago.

    The presidents also expressed their willingness to discuss difficult
    problems facing Armenia.

    "As for the well-known complex problems in the region, I believe we
    will have time to talk about them as well," Putin said.
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