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Russia Promises To Reach A Mutually Beneficial Agreement On Gas Pric

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  • Russia Promises To Reach A Mutually Beneficial Agreement On Gas Pric

    RUSSIA PROMISES TO REACH A MUTUALLY BENEFICIAL AGREEMENT ON GAS PRICE

    ARMENPRESS
    12 October, 2012
    YEREVAN

    YEREVAN, OCTOBER 12, ARMENPRESS: Trade and economic relations between
    Armenian and Russia are developing constantly. Armenian-Russian
    intergovernmental commission co-chair Maxim Sokolov Minister of
    Transport of the Russian Federation came forth with a statement,
    Armenpress reports.

    "In the course of the previous years goods turnover made one billion
    dollars. Current year statistics show there is a positive growth in
    the course of 8 months and we are going to exceed 1 billion index "
    Russian high ranking official stated. Yet in his words it is early to
    talk about results. What refers to direct investment, Sokolov noted
    during the last 20 years direct investments in Armenia were amounted
    2.5 billion dollar. "It is particularly nice the investments are
    direct reportedly they are directed for the business development"
    Minister noted.

    On the reporter's question about the change of gas price circulated
    lately, Sokolov was quoted as saying. "The negotiations are ongoing.

    We are moving forward and are sure as always we shall reach beneficial
    agreement" .

    Currently 1,000 cubic meters of gas costs 180 dollars in Armenia.

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