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Armenia And Russia To Make Joint Efforts To Reduce Consequences Of F

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  • Armenia And Russia To Make Joint Efforts To Reduce Consequences Of F

    ARMENIA AND RUSSIA TO MAKE JOINT EFFORTS TO REDUCE CONSEQUENCES OF FINANCIAL-ECONOMIC CRISIS

    Noyan Tapan
    http://www.nt.am?shownews=1010307
    Dec 8, 2008

    MOSCOW, DECEMBER 8, NOYAN TAPAN. During his working visit to Moscow
    on December 5, the Armenian prime minister Tigran Sargsyan discussed
    with his Russian counterpart Vladimir Putin the results and prospects
    of economic cooperation of the two countries. On the whole, the sides
    positively assessed bilateral economic cooperation. In the words of
    V. Putin, there was a stable increase in the commodity turnover between
    Armenia and Russia, with a 17% growth being recorded as compared with
    2007. The total amount of invetsments made 1.6 billion rubles.

    T. Sargsyan restated the Armenian government's willingness to form a
    favorable business environment for about 1,000 Russian enterprises. He
    attached great importance to holding discussions with Armenia's
    strategic partner - Russia, especially around the process of reducing
    the negative consequences of the global financial and economic crisis
    by common efforts.

    An agreement was reached on a meeting of the finance ministers of
    two countries and detailed discussion of the anticrisis program. The
    Russian side's participation in construction of the new nuclear power
    plant and the Armenia-Iran railway was discussed with V. Putin.

    According to the RA Government Information and PR Department, in
    connection with the death of Patriarch of Moscow and All Russia Alexy
    II, the schedule of T. Sargsyan's working visit to Moscow was changed,
    and for that reason the envisaged meeting with Moscow-based Armenian
    businessmen was postponed.
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