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  • Large set of documents to be signed in Sargsyan state visit to Russi

    ITAR-TASS, Russia
    October 23, 2011 Sunday 05:49 PM EST

    Large set of documents to be signed in state visit of Armenian
    president to Russia

    MAKHACHKALA October 23


    A large set of documents, including those economic, will be signed on
    results of the first-ever state visit of Armenian President Serzh
    Sargsyan to Russia.

    Sargsyan came to Moscow on Sunday at the invitation of Russian
    President Dmitry Medvedev. The leaders will hold negotiations at the
    Kremlin on Monday.

    The program of the three-day visit also includes meetings with Prime
    Minister Vladimir Putin, the speakers of the Federation Council and
    the Moscow mayor and an address to students of the Moscow Lomonosov
    State University.

    Medvedev and Sargsyan "will discuss a broad range of bilateral issues,
    further political dialog and trade and economic cooperation and a
    number of topical items of the international agenda," a Kremlin source
    told Itar-Tass. "The negotiations will result in the signing of a
    weighty set of intergovernmental and interdepartmental agreements
    concerning humanitarian and youth exchanges, healthcare, economy and
    foreign political coordination."

    The presidents of Russia and Armenia had about ten meetings in
    2010-2011, including those during the working visits of Sargsyan to
    Moscow and St. Petersburg and multilateral events. They met, for
    instance, on the sidelines of an informal summit of the Collective
    Security Treaty Organization (CSTO) in Astana and at the CIS Dushanbe
    summit in September. There were tripartite meetings, as well,
    involving Azerbaijani President Ilham Aliyev.

    "The state visit of Russian President Dmitry Medvedev to Armenia on
    August 19-20, 2010, laid down a solid foundation for further
    strengthening of the bilateral relations. A number of important
    documents in various spheres was signed during that visit," the
    Kremlin said.

    Russia is a key foreign economic partner and investor of Armenia.
    Bilateral trade stood at $859.1 million last year and $487.7 million
    in January-July 2011, which was 15.2% more than in the same period of
    2010. According to the forecast, this year's trade will hit the
    pre-crisis level of $899.9 million in 2008.

    Russian investments amassed in Armenia since 1991 have exceeded $2.8
    billion or almost 60% of the total foreign investments in the country.
    About 1,300 enterprises in Armenia have Russian capital in them, which
    is over a fourth of all companies with foreign capital in the
    republic.

    Mostly, Russian investments are made in energy, banking, telecom,
    mining, metallurgical and construction sectors. Gazprom, Inter RAO
    UES, Russian Railroads, VTB, VympelCom and AFK Sistema are actively
    operating on the Armenian market.

    The Intergovernmental Commission for Economic Cooperation is an
    important instrument of bilateral trade and economic interaction. The
    commission held its latest meeting in Rostov-on-Don on July 8.

    Large joint projects in priority energy sectors - gas, electric power
    and atomic - are progressing successfully. Gazprom assisted the
    construction of the fifth unit of the Razdan thermal power plant,
    which is being prepared for the startup.

    Russia is taking continuous efforts to normalize external transport
    links of Armenia. Profound modernization of Armenian railroads started
    with their putting into concession management by Russian Railroads in
    2008. A railroad ferry line is operating the Kavkaz and Poti seaports.
    Traffic goes through the Verkhny Lars checkpoint on the
    Russian-Georgian border. All that gives Armenia a land route to Russia
    and an opportunity to enlarge its export potential.

    Inter-regional relations are developing dynamically and involve about
    70 Russian constituents. The first Russian-Armenian interregional
    forum was held in Yerevan in April.

    Long-standing historical and cultural traditions, which connect Russia
    and Armenia, provide a high level of interaction in humanitarian
    affairs and education. An office of the Russian Agency for the
    Commonwealth of Independent States, Compatriots Living Abroad and
    International Humanitarian Cooperation in Yerevan is working actively,
    and the Center for Innovative Cooperation opened on its basis in
    April. A renovated monument to Russian soldiers, who died in the
    Battle of Oshakan in 1827 was unveiled in April. The Days of Russian
    Word were held under the umbrella of the Armenian president in Yerevan
    in early October, and the House of Russian Book was opened within the
    festival's framework.

    The dialog on international issues is a priority of the bilateral
    relations. A key subject is the Karabakh situation. "Being a cochair
    of the OSCE Minsk Group, Russia carries on its mediating efforts aimed
    to coordinate fundamental principles of the Karabakh peace process,"
    the Russian presidential press office said.

    Moscow and Yerevan interact in the CIS and the CSTO and coordinate
    their positions in key aspects of international politics at the UN,
    the OSCE and the Council of Europe.



    From: Emil Lazarian | Ararat NewsPress
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