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Armenian President Meets His Russian Counterpart

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  • Armenian President Meets His Russian Counterpart

    ARMENIAN PRESIDENT MEETS HIS RUSSIAN COUNTERPART

    Armenpress
    Oct 30 2006

    MOSCOW, OCTOBER 30, ARMENPRESS: President of Armenia Robert Kocharian,
    who is in the Russian Federation on a working visit, had today
    a face-to-face meeting with his Russian counterpart Vladimir
    Putin. Greeting the visit of the Armenian president to Russia,
    Vladimir Putin said he is pleased that frequent high-level visits
    are taking place between the sides which promote development of
    Russian-Armenian relations.

    During the meeting Putin referred to the expansion of the
    Armenian-Russian economic cooperation pointing out that only during
    the eight months of the running year the trade turnover between the
    two countries reached 278 million USD which is 60 percent more as
    compared with the same span of the last year.

    Nevertheless, he considered it shameful that Russia is only on the
    third place in Armenia's economy in respect of investments. "It is
    strange and shameful that being Armenia's strategic partner Russia
    is not on the first place in respect of its investments in Armenia,"
    Putin said, at the same time pointing out that there exists tendency
    of increasing Russian investments in Armenia.

    Robert Kocharian, on his part, noted that all the serious agreements
    reached with "Gazprom" have entered the round of implementation. "So,
    we may say that in the coming year the investments will notably
    increase," Kocharian said. As a brilliant example of effective
    bilateral cooperation the Armenian president pointed out to the
    operation of modernized "Armenal" foil mill factory which has several
    times increased the volume of its production.

    During the meeting the Russian president also referred to the Year
    of Armenia in Russia saying that it is being held in Russia quite
    successively and is a natural continuation of the Year of Russia held
    in Armenia. The two presidents also discussed a wide-range of issues
    on bilateral relations and exchanged views over the international
    and regional developments.

    Tomorrow, on October 31, Armenian president will meet with the Russian
    Prime Minister Mikhail Fradkov and Moscow Mayor Yuri Luzhkov. He
    will also participate in the opening of the monument to world-famous
    Armenian composer Aram Khachaturian.
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