April 11, 2007 - 15:50 AMT
Sergey Ivanov: Armenia and Russia solve problems successfully
We witness positive dynamics in the Armenian-Russian economic relations, Russia's First Vice Premier Sergey Ivanov told a news conference today. This can be proved by the 70-80% growth of commodity turnover between our states, he said. "The point is that along with ethnic investments the increase of Russian capital is also observed," he noted.

Mr Ivanov marked out energy, transport, communications as the priority fields for Russia. "These are the sectors of economy which offer the biggest increase of Russian investments in Armenia. There are problems and we discussed them today. Nevertheless, I should mention that despite the complexity of transport communication these problems are being solved," he underscored.

For his part, RA Prime Minister Serge Sargsyan noted that the first Poti-Caucasus ferry voyage was a success. This gives hope that a part of the transport problem will be resolved.

"This ferry can admit 50 carriages and if everything goes well their arrival in Armenia will not be a problem any more," Sergey Ivanov added.