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RUSSIAN-ARMENIAN ECON COOPERATION COMMISSION TO MEET IN AUTUMN
ITAR-TASS
Aug 8 2012
Russia
The Russian-Armenian intergovernmental economic cooperation commission
will meet this autumn, Russian President Vladimir Putin said at a
meeting with his Armenian colleague Serzh Sargsyan on Wednesday.
Russia appointed Transport Minister Maxim Sokolov co-chairman of the
commission. "The meeting of the Russian and Armenian colleagues is
planned in near future, in the autumn," Putin said.
The president noted that the economic ties between the two countries
have been developing well and that trade turnover between Russia and
Armenia has reached the pre-crisis level /one billion dollars/. "The
growth in the first half of this year was very good, at 72 percent,"
he added.
Putin underlined that Russia is Armenia's key export partner and
that the volume of Russian investments accumulated over 15 years,
was considerable.
"I'd like to thank the Armenian leadership which is providing constant
support to Russian investors," Putin said.
Sargsyan expressed confidence that Russian-Armenian relations were
developing dynamically and progressively. Speaking about the level
of trade, he noted that "it is not the limit" and that "it could be
doubled or even tripled in the next two or three years."
Sargsyan reminded that Armenia had extended the term of presence of
the Russian military base in 2010. "I believe it meets the interests
of our security," he underlined.
In the autumn, Armenia will host a drill within the framework the
Collective Security Treaty Organization," the head of the Armenian
state said.
ITAR-TASS
Aug 8 2012
Russia
The Russian-Armenian intergovernmental economic cooperation commission
will meet this autumn, Russian President Vladimir Putin said at a
meeting with his Armenian colleague Serzh Sargsyan on Wednesday.
Russia appointed Transport Minister Maxim Sokolov co-chairman of the
commission. "The meeting of the Russian and Armenian colleagues is
planned in near future, in the autumn," Putin said.
The president noted that the economic ties between the two countries
have been developing well and that trade turnover between Russia and
Armenia has reached the pre-crisis level /one billion dollars/. "The
growth in the first half of this year was very good, at 72 percent,"
he added.
Putin underlined that Russia is Armenia's key export partner and
that the volume of Russian investments accumulated over 15 years,
was considerable.
"I'd like to thank the Armenian leadership which is providing constant
support to Russian investors," Putin said.
Sargsyan expressed confidence that Russian-Armenian relations were
developing dynamically and progressively. Speaking about the level
of trade, he noted that "it is not the limit" and that "it could be
doubled or even tripled in the next two or three years."
Sargsyan reminded that Armenia had extended the term of presence of
the Russian military base in 2010. "I believe it meets the interests
of our security," he underlined.
In the autumn, Armenia will host a drill within the framework the
Collective Security Treaty Organization," the head of the Armenian
state said.