Russian business ready to deposit in ArmeniaSeptember 25, 2007 - 16:03 AMT PanARMENIAN.Net - Upon outcomes of the intergovernmental negotiations today, Armenia and Russia signed a protocol on prolongation of agreement of 2000 on regulations of indirect tax collection providing for a 0 added value tax in mutual trade. After a meeting with RA Prime Minister Serge Sargsyan, Russian Premier Victor Zubkov said Russia concludes the agreement with friendly states, since it allows two states to run trust business. When commenting on Russia's investment policy, Mr Zubkov noted that in the near future Russian investments in the Armenian economy will redouble and amount to $1,5 billion. The funds will be partly spent on construction of an oil processing plant in Armenia. "Russian business is ready to deposit in the Armenian economy," the RF PM stated. "Armenian construction firms can be engaged in building of Olympic facilities in Sochi. Furthermore, Armenia was always famous for construction materials and the Olympic games in Sochi is a good opportunity," Victor Zubkov noted, IA Regnum reports. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched. CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions” The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions. Russia sends note of protest to Armenia over envoy’s trip to Ukraine’s Bucha Russia has sent a note of protest to Armenia over the visit of Vladimir Karapetyan and Tigran Ter-Margaryan to Bucha. Armenia: Protesters march to parliament, some spend the night on street The protesters did not disperse despite heavy rain that began at around 2 a.m. local time. |