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Vladimir Putin On Cooperation With Armenia

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  • Vladimir Putin On Cooperation With Armenia

    VLADIMIR PUTIN ON COOPERATION WITH ARMENIA

    SKRIN Market & Corporate News
    February 12, 2008 Tuesday

    Talks with Armenian President Robert Kocharian were held by President
    Putin on January 24, 2007 at Bocharov Ruchei, Sochi, the Kremlin.ru
    website said.

    PRESIDENT VLADIMIR PUTIN said: "Our first meeting this year with
    the President of Armenia has just ended. As always, we had a frank
    discussion of the whole range of our relations, but we paid greatest
    attention today to the economic aspects of our cooperation.

    This year we will celebrate 15 years since the establishment of
    diplomatic relations between our countries and 10 years since the
    conclusion of the basic Friendship and Cooperation Agreement between
    Russia and Armenia. I am happy to say that as our two countries prepare
    to mark these anniversaries, not only have our relations maintained
    the potential of past years, but we have added considerably to our
    bilateral ties in all areas and have strengthened our partnership
    and the strategic nature of our cooperation.

    Our discussions today focused above all on the development prospects
    for our trade and economic ties.

    We are happy overall with the stable growth in our bilateral trade over
    these last years. It was up 40 percent in 2005, but over the first 11
    months of 2006 it increased by a whole 70 percent. The final result
    for 2006 could come to a figure of around half a billion dollars.

    The energy sector remained the driving force behind our cooperation.

    But other sectors, such as machine building, communications and
    chemicals, were also prominent.

    The efforts of just three Russian companies - Gazprom, RUSAL and
    Vimpelcom - will almost double total investment in Armenia over
    the coming months. Rosatom and Russian Railways could also launch
    new projects.

    On the subject of humanitarian cooperation, we assessed very highly
    the results of the Year of Armenia in Russia that has just come to an
    end. The more than 200 different events held throughout the country
    as part of this programme gave Russians the chance to learn about
    Armenia~Rs rich cultural heritage and modern achievements and have
    given new impetus to developing business and public initiatives.

    Our discussions also touched on a number of topical regional issues.

    We will discuss, of course, the development of the CIS, the Collective
    Security Treaty Organisation and the Eurasian Economic Community. We
    will also talk separately about the Trans-Caucasus region overall. I
    very much hope that during this year~Rs St Petersburg Economic Forum
    we will be able to hold multilateral talks with our CIS colleagues on
    economic cooperation issues above all, and I will inform the Armenian
    President in more detail on this matter.

    I would like to conclude by thanking my colleague for a genuinely
    friendly and businesslike discussion. I am sure that today~Rs meeting
    in Sochi will mark a significant step in developing the strategic
    partnership between our two countries".
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