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VLADIMIR PUTIN: ARMENIA'S INTEGRATION WITH EURASIAN STRUCTURES WILL GIVE A STRONG IMPULSE TO MUTUALLY BENEFICIAL COOPERATION
by Elita Babayan
ARMINFO
Tuesday, September 3, 19:51
Armenia's integration with Eurasian structures will give a strong
impulse to mutually beneficial cooperation, Russian President Vladimir
Putin said after his meeting with Armenian President Serzh Sargsyan
in Moscow on Tuesday.
He said that the meeting was very constructive and reflected the
nature of the Armenian-Russian strategic partnership. "We have
discussed all the key issues, with priority given to economic ties.
Russia is Armenia's key trade and economic partner. Last year our trade
turnover grew by 22% to more than $1.2bln. In Jan-May 2013 it rose by
13%. Russian investments in Armenia have exceeded $3bln. This is almost
half of all foreign investments made in the Armenian economy. There are
almost 1,300 Russian companies in Armenia or about 25% of all foreign
companies working in the country. They cover a wide range of fields:
gas, nuclear and hydro energy, transport, telecoms, finances. Among
our biggest projects are Gazprom's participation in the construction
of the Iran-Armenia gas pipeline, the activities of Inter RAO UES to
restore the Sevan-Hrazdan Cascade, Rosatom's plans to extend the life
of Armenian Nuclear Power Plant by 10 years," Putin said.
He said that Russian Railways is planning to invest almost 15bln
RUR in Armenian railroads, while Vneshtorgbank and Gazprombank are
committed to enlarge their activities in the banking sector.
"We are ready to develop our cooperation in culture, science and
education. We have Russian-Armenian (Slavonic) University plus
six branches of Russian universities, with over 2,000 students,"
Putin said.
He said that during the meeting he and Sargsyan also discussed the
Nagorno-Karabakh problem.
by Elita Babayan
ARMINFO
Tuesday, September 3, 19:51
Armenia's integration with Eurasian structures will give a strong
impulse to mutually beneficial cooperation, Russian President Vladimir
Putin said after his meeting with Armenian President Serzh Sargsyan
in Moscow on Tuesday.
He said that the meeting was very constructive and reflected the
nature of the Armenian-Russian strategic partnership. "We have
discussed all the key issues, with priority given to economic ties.
Russia is Armenia's key trade and economic partner. Last year our trade
turnover grew by 22% to more than $1.2bln. In Jan-May 2013 it rose by
13%. Russian investments in Armenia have exceeded $3bln. This is almost
half of all foreign investments made in the Armenian economy. There are
almost 1,300 Russian companies in Armenia or about 25% of all foreign
companies working in the country. They cover a wide range of fields:
gas, nuclear and hydro energy, transport, telecoms, finances. Among
our biggest projects are Gazprom's participation in the construction
of the Iran-Armenia gas pipeline, the activities of Inter RAO UES to
restore the Sevan-Hrazdan Cascade, Rosatom's plans to extend the life
of Armenian Nuclear Power Plant by 10 years," Putin said.
He said that Russian Railways is planning to invest almost 15bln
RUR in Armenian railroads, while Vneshtorgbank and Gazprombank are
committed to enlarge their activities in the banking sector.
"We are ready to develop our cooperation in culture, science and
education. We have Russian-Armenian (Slavonic) University plus
six branches of Russian universities, with over 2,000 students,"
Putin said.
He said that during the meeting he and Sargsyan also discussed the
Nagorno-Karabakh problem.