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On February 27, 2009, RA Prime Minister Tigran Sargsyan Left For Mos

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  • On February 27, 2009, RA Prime Minister Tigran Sargsyan Left For Mos

    ON FEBRUARY 27, 2009, RA PRIME MINISTER TIGRAN SARGSYAN LEFT FOR MOSCOW ON A ONE-DAY WORKING VISIT TO DISCUSS AN ARMENIA-RUSSIA ECONOMIC COOPERATION-RELATED AGENDA

    http://www.gov.am/en/news/item/4491/
    Monda y, 2 March 2009

    On February 27, 2009, RA Prime Minister Tigran Sargsyan left for Moscow
    on a one-day working visit to discuss an Armenia-Russia economic
    cooperation-related agenda. First, the Prime Minister met with RF
    Central Bank Chairman Sergey Ignatyev. The parties looked at the
    steps taken by the Central Bank of Russia towards the maintenance of
    financial stability and exchanged views on those actions underway in
    both countries to mitigate the negative impact of the global financial
    crisis. A key item on the meeting agenda was the crediting of Armenian
    real sector enterprises on the part of the Interstate Bank.

    During a private meeting, co-chairmen of the intergovernmental
    commission on economic cooperation Tigran Sargsyan and Igor Levitin
    spoke about the traditional spheres of bilateral cooperation. In
    particular, they addressed the steps underway in the energy and
    transport sectors along with their timings and related problems.

    At the Armenian Embassy in Moscow, the Prime Minister met with the
    representatives of business circles. Tigran Sargsyan delivered a
    keynote speech entitled "Armenia: the strategy of the future." Both
    the theses and ideas reflected in the speech were given a favorable
    consideration on the part of those present. Russian scientist Vorontsov
    who had closely cooperated with Armenian engineers on road building
    projects in Yerevan, noted: "While I am Russian, but I am a citizen of
    the Armenian world." The businessmen proved to be interested in a broad
    range of questions concerning different spheres of economy - energy
    sector reforms, infrastructure development, small and medium-size
    enterprise support, incentives for the real sector and development of
    tourism in the Armenian world. Tigran Sargsyan suggested cooperating
    closely with the Business Support Council of Armenia, The Project
    Implementation Agency, the Operative Headquarters and the Armenian
    Development Agency.

    During the meeting with the head of RF Government, the parties said
    to be pleased with the current dynamics of bilateral trade and
    discussed questions of mutual interest. Vladimir Putin said that
    despite the negative impact of the global financial and economic
    crisis, commodity circulation between two countries has grown by
    10 % to USD 900 million. He further advised that during a recent
    meeting with Armenian President Serzh Sargsyan in Davos, he had
    the opportunity of presenting his government's economic assistance
    programs for Armenia. Said assistance will shortly be translated into
    a stabilization credit to the amount of USD 500 million available
    to Armenia.

    Tigran Sargsyan invited his Russian counterpart to visit Armenia
    at his convenience. In accepting 0Athe invitation, Vladimir Putin
    informed that the two vice-premiers of Russia, inclusive of Minister
    of Regional Development Dmitry Kozak, will soon come to Armenia to
    discuss transition to a new stage of economic cooperation.
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