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ARMENIA GIVES PRIORITY TO COOPERATION WITH RUSSIA
ARKA
June 15, 2009
YEREVAN, June 15. /ARKA/. At his meeting with President of the
Russian Railroad Vladimir Yakunin last Friday, RA President Serzh
Sargsyan stated that Armenia considers Russia its most reliable
partner and attaches priority importance to the consolidation of
bilateral relations.
In this context the Armenian leader pointed out special important of
transport, particularly rail transport.
Yakunin conveyed to President Sargsyan the best wishes from RF Prime
Minister Vladimir Putin. He pointed out that he had a meeting with
the Russian Premier before visiting Armenia.
The President of the Russian Railroad thanked the Armenian leader for
his proper assessment of the role of rail transport in the country's
economy and great attention to the sector.
He reported that he visited an exhibition of products for rail
transport organized by the management of the South-Caucasus Railway
jointly with Armenian businessmen.
According to Yakunin, the products displayed at the exhibition are
already used by the South-Caucasus Railway, as well as in Russia, due
to its most attractive price-quality ratio. He assured the Armenian
President that preference to domestic products is the basic principle
of the work.
The sides discussed the current situation of the Armenian railway,
prospects for development and execution of commitments under the
concession contract.
Specifically the sides add ressed the issue of modernization, higher
speed and optimal routing system.
Yakunin expressed his satisfaction with the recent work, pointing
out serious measures to enhance management efficiency. He assured the
Armenian President that the investment commitments will be fulfilled.
The South-Caucasus Railway CJSC is fully owned by the Russian
Railroad OJSC.
Under the 30-year concession agreement signed on February 13, 2008,
the South-Caucasus Railway CJSC is a concessionaire of the Armenian
Railways CJSC.
ARKA
June 15, 2009
YEREVAN, June 15. /ARKA/. At his meeting with President of the
Russian Railroad Vladimir Yakunin last Friday, RA President Serzh
Sargsyan stated that Armenia considers Russia its most reliable
partner and attaches priority importance to the consolidation of
bilateral relations.
In this context the Armenian leader pointed out special important of
transport, particularly rail transport.
Yakunin conveyed to President Sargsyan the best wishes from RF Prime
Minister Vladimir Putin. He pointed out that he had a meeting with
the Russian Premier before visiting Armenia.
The President of the Russian Railroad thanked the Armenian leader for
his proper assessment of the role of rail transport in the country's
economy and great attention to the sector.
He reported that he visited an exhibition of products for rail
transport organized by the management of the South-Caucasus Railway
jointly with Armenian businessmen.
According to Yakunin, the products displayed at the exhibition are
already used by the South-Caucasus Railway, as well as in Russia, due
to its most attractive price-quality ratio. He assured the Armenian
President that preference to domestic products is the basic principle
of the work.
The sides discussed the current situation of the Armenian railway,
prospects for development and execution of commitments under the
concession contract.
Specifically the sides add ressed the issue of modernization, higher
speed and optimal routing system.
Yakunin expressed his satisfaction with the recent work, pointing
out serious measures to enhance management efficiency. He assured the
Armenian President that the investment commitments will be fulfilled.
The South-Caucasus Railway CJSC is fully owned by the Russian
Railroad OJSC.
Under the 30-year concession agreement signed on February 13, 2008,
the South-Caucasus Railway CJSC is a concessionaire of the Armenian
Railways CJSC.