PRESIDENTS CONTENT WITH ARMENIAN AND RUSSIAN ECONOMIC RELATIONS DEVELOPMENTMay 14, 2004 - 22:40 AMT PanARMENIAN.Net - During the negotiations held in Novo Ogarevo (Podmoskovie, Russia) Armenian and Russian Presidents Robert Kocharian and Vladimir Putin stated they are satisfied with the development of bilateral economic relations. As Russian President has emphasized, Russia and Armenia "are efficiently working in this direction what finds reflection in the rate of economic interaction". V. Putin reminded that in 2003 the commodity circulation between Russia and Armenia increased more than 34%. Robert Kocharian, from his part, said that due Property for Debt treaty the two countries entered a new phase of economic relationship. In his opinion, "a lot of interesting events" are taking place in the economic area of bilateral relations. He also reminded of Vneshtorgbank's integration in Armenia and underscored that the chemical industry began functioning thanks to Russian investors. In Kocharian's words, "Russian businessmen are interested in investing funds in the Armenian economy, in construction and other areas, for instance". Top stories Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova. Achieving stable peace between Armenia and Azerbaijan remains a priority of the OSCE, said Ian Borg. The Cabinet of Ministers decided on Thursday, November 9 to allocated AMD 120 million to arrange the gathering. Partner news | Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province. U.S. Assistant Secretary of State to travel to Armenia Assistant Secretary for European and Eurasian Affairs James C. O’Brien will travel to Yerevan on June 10-12. Power of One Dram to benefit Road of Life, Strong Mind IDBank and Idram summarize the results of the May program of “The Power of One Dram”. |