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Serzh Sargsyan Thanked For A $500 Million Loan

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  • Serzh Sargsyan Thanked For A $500 Million Loan

    SERZH SARGSYAN THANKED FOR A $500 MILLION LOAN

    A1+
    02:17 pm | June 05, 2009

    Official

    On June 4 the President of Armenia, Serzh Sargsyan, had a meeting
    with the President of the Russian Federation, Dmitry Medvedev. This
    was the 16th meeting between the two Presidents after Serzh Sargsyan
    assumed office.

    During a conversation in an atmosphere of full understanding the
    parties discussed issues related to the cooperation between two
    strategic partners, as well as a number of questions on the regional
    and international agenda.

    Russian President Dmitry Medvedev assessed the frequent meetings
    with Serzh Sargsyan as useful from the perspective of development of
    Armenian-Russian cooperation and the development of personal relations.

    Expressing gratitude for the invitation to participate in the
    International Economic Forum in Saint Petersburg, President
    Sargsyan said the forum acquires a new importance under the global
    financial-economic crisis.

    The Armenian President thanked his Russian counterpart for providing
    a $500 million stabilization loan.

    The interlocutors dwelt on the process of settlement of the Karabakh
    conflict. "After our last meeting we have been working with our Russian
    colleagues towards implementations of the agreements reached. The
    Armenian side has been diligently working with the support of the Minsk
    Group on the settlement of the Karabakh conflict, searching for ways
    that would allow the people of Nagorno Karabakh to live safely in their
    homeland and determine their own future," President Sargsyan stressed.

    The parties discussed the issues connected with the further
    expansion of the Armenian-Russian economic cooperation, and turned
    to the strategic cooperation within the Collective Security Treaty
    Organization and the creation of coalition forces.

    Later the Presidents of Armenia, Russia and Azerbaijan had supper,
    during which they discussed the peaceful settlement of the Karabakh
    issue.

    From: Emil Lazarian | Ararat NewsPress
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