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PUTIN AND SARGSYAN DISCUSS RAILWAY CONSTRUCTION PROJECT IN ARMENIA
/ARKA/
October 18, 2011
YEREVAN
YEREVAN, October 18. /ARKA/. Prime Minister of Russia and Prime
Minister of Armenia Tigran Sargsyan discuss new railway construction
project in Armenia.
"We know about railway development plans from north to south (Armenia)
and about your requests in this regard", said Putin on Tuesday during
the meeting with his Armenian colleague, RIA Novosti informs.
Railway should pass to Georgia through Armenia to Iran.
Putin said that after the transfer under concession management of
Armenian Railway to Russian Railway open jsc, investments in this
sphere of Armenian economy by the Russian company were 5 billion
rubles.
He said that total volume of Russian investments in the economy
of Armenia reached 2.8 billion dollars, and the increase of trade
turnover between two countries in the first half year was 15%.
Putin expressed confidence that contract on delivery of 1.6 billion
cubic meters to Armenia will be fully implemented in 2011. By now
1.06 billion cubic meters of Russian gas is delivered to Armenia.
Sargsyan said that "large Russian investments went to the high level
of profitability", and there are no failed projects between two
countries.
/ARKA/
October 18, 2011
YEREVAN
YEREVAN, October 18. /ARKA/. Prime Minister of Russia and Prime
Minister of Armenia Tigran Sargsyan discuss new railway construction
project in Armenia.
"We know about railway development plans from north to south (Armenia)
and about your requests in this regard", said Putin on Tuesday during
the meeting with his Armenian colleague, RIA Novosti informs.
Railway should pass to Georgia through Armenia to Iran.
Putin said that after the transfer under concession management of
Armenian Railway to Russian Railway open jsc, investments in this
sphere of Armenian economy by the Russian company were 5 billion
rubles.
He said that total volume of Russian investments in the economy
of Armenia reached 2.8 billion dollars, and the increase of trade
turnover between two countries in the first half year was 15%.
Putin expressed confidence that contract on delivery of 1.6 billion
cubic meters to Armenia will be fully implemented in 2011. By now
1.06 billion cubic meters of Russian gas is delivered to Armenia.
Sargsyan said that "large Russian investments went to the high level
of profitability", and there are no failed projects between two
countries.