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Armenian PM Invites Russia's Putin To Visit Yerevan

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  • Armenian PM Invites Russia's Putin To Visit Yerevan

    ARMENIAN PM INVITES RUSSIA'S PUTIN TO VISIT YEREVAN

    RIA Novosti
    13:53 | 28/ 02/ 2009

    YEREVAN, February 28 (RIA Novosti) - Armenian Prime Minister Tigran
    Sargsyan said Saturday that during his working visit to Moscow on
    Friday he invited his Russian counterpart Vladimir Putin to visit
    Armenia.

    "Putin accepted my invitation and we hope this year we will receive
    the Russian prime minister," Sargsyan said, adding that the visit
    would become an impetus to implement the programs on which mutual
    agreements have been reached.

    The Armenian premier said Russian First Deputy Prime Minister Viktor
    Zubkov and Deputy Prime Minister Dmitry Kozak have also been invited.

    At Friday's meeting, Putin said Russia will grant Armenia a $500
    million loan following approval by the lower house.

    "We have almost finished working on the issue of granting Armenia
    a $500 million loan, we are implementing this agreement. The budget
    should be approved by the State Duma. I hope this will be completed
    in the near future," he told Sargsyan.

    Russia and Armenia signed a preliminary agreement on the stabilization
    loan on February 9. In line with the agreement, the loan is granted
    for 15 years with a four-year grace period.
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