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RUSSIAN CAPITAL 'FEELS COMFORTABLE' IN ARMENIA
Tert.am
24.10.11
Russian investments in Armenia are reaching US $3bn, Russian President
Dmitri Medvedev stated at a news conference held jointly with his
Armenian counterpart Serzh Sargsyan.
It is not the limit, he added.
Responding to a question on prospects for increasing Russian
investments in Armenia and any large-scale activities and prospects of
cooperation in nuclear energy, the Russian president said that Russian
companies are actively cooperating with Armenia in gas industry and
electric energy. He noted that the 5th unit of the Hrazdan thermal
power plant is to be put into operation soon.
"I am sure that gas projects will raise the level of this
cooperation," the Russian president said. He stressed the importance
of infrastructure projects, particularly railway projects. President
Medvedev noted that new projects are possible as well. As regards
the IT sector, he said: "Our Armenian friends are creating a pilot
platform for applying modern Russian technologies."
Nuclear energy requires huge investments. "We continue discussing the
project and are going to work out an optimal plan of cooperation in
nuclear energy," President Medvedev said.
In his turn, Armenian President Serzh Sargsyan said that Russian
capital "feels comfortable" in Armenia. Russia's share in foreign
investments in Armenia is 57% this year. "Our economic relations are
reaching the level of our political relations," President Sargsyan
said. The protocols signed today are expected to support businesses,
he added.
Tert.am
24.10.11
Russian investments in Armenia are reaching US $3bn, Russian President
Dmitri Medvedev stated at a news conference held jointly with his
Armenian counterpart Serzh Sargsyan.
It is not the limit, he added.
Responding to a question on prospects for increasing Russian
investments in Armenia and any large-scale activities and prospects of
cooperation in nuclear energy, the Russian president said that Russian
companies are actively cooperating with Armenia in gas industry and
electric energy. He noted that the 5th unit of the Hrazdan thermal
power plant is to be put into operation soon.
"I am sure that gas projects will raise the level of this
cooperation," the Russian president said. He stressed the importance
of infrastructure projects, particularly railway projects. President
Medvedev noted that new projects are possible as well. As regards
the IT sector, he said: "Our Armenian friends are creating a pilot
platform for applying modern Russian technologies."
Nuclear energy requires huge investments. "We continue discussing the
project and are going to work out an optimal plan of cooperation in
nuclear energy," President Medvedev said.
In his turn, Armenian President Serzh Sargsyan said that Russian
capital "feels comfortable" in Armenia. Russia's share in foreign
investments in Armenia is 57% this year. "Our economic relations are
reaching the level of our political relations," President Sargsyan
said. The protocols signed today are expected to support businesses,
he added.