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Russia PM: Russia & Armenia should strengthen relations within CSTO

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  • Russia PM: Russia & Armenia should strengthen relations within CSTO

    Regnum, Russia
    Dec 1 2006

    Russian prime minister: Russia and Armenia should strengthen
    relations within CSTO


    Russia and Armenia have a large experience in cooperation in
    investments, Russia's Prime Minister Mikhail Fradkov at a meeting
    with an Armenian delegation headed by Armenia's Prime Minister
    Andranik Margaryan in Moscow. The delegation from Armenia arrived in
    the Russian capital to hold consultations with the Russian party and
    later it will go to St. Petersburg to participate in the ceremony of
    closing the Year of Armenia in Russia.

    According to the Russian prime minister, activity of ARMENAL Company,
    investment program by Vympelkom Company in Armenia worth up to
    $500,000, as well as Vneshtorgbank experience in the Armenian banking
    investments market are good examples of such experience. `Cooperation
    in transport and high technologies is also planned,' Fradkov added.
    Speaking on the problem of exploiting enterprises in Armenia handed
    over to Russia for repayment of the public debt, Mikhail Fradkov
    noted that interest of business needs to be secured in this issue.
    `For example, the Mars enterprise is still provided with orders that
    could allow the company develop,' the Russian prime minister noted.
    At the same time he added that there are some problems in this field
    concerning privatization.

    Answering a question by a REGNUM correspondent, whether it is
    possible to suspend gas supplies from Russia via Armenia to Georgia,
    if the Georgian party continues unsanctioned pumping out of gas,
    Mikhail Fradkov noted that the Russian side is concerned with the
    situation in the Russian-Georgian relations, however it hopes for the
    best. `We take into account the fact that exacerbation of the
    Russian-Georgian relations affects Armenia negatively. The problem is
    a subject for discussion,' Fradkov noted expressing hope that `the
    situation will not become worse.' `If the situation deteriorates, the
    Russian party together with operative services will have to undertake
    complex measures aimed at preventing from theft, but I hope it will
    not go that far,' the Russian prime minister said. He also stressed
    that the current situation makes Russia and Armenia `fulfill their
    obligations within the CSTO more actively without overlooking the
    current frameworks.'
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