Serious advance in Armenian-Argentinean cooperation

SERIOUS ADVANCE IN ARMENIAN-ARGENTINEAN COOPERATION

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| 14:59:16 | 30-08-2005 | Official |

Today Armenian Prime Minister Andranik Margaryan met with Minister
of Foreign Affairs, International Trade and Worship of Argentina
Rafael Bielsa.

When touching upon the current situation and prospects of the
Armenian-Argentenian relations the parties noted that the absence of
political disputes contributes to the efficient development of the
bilateral relations.

Andranik Margaryan and Rafael Bielsa expressed satisfaction
with the bilateral economic cooperation. In part, they noted the
agreements signed in December 2001 between the Armenian government
and America Corporation head Eduard Ernekyan on joint management of
the International Airport of Zvartnots as a serious step forward. In
Mr. Bielsa’s words, the present low index of commodity turnover in
Armenia can be increased taking into account the large-scale airport
development projects, which will give rise to economic interests not
only in Armenia but in the whole region.

The parties also expressed assurance that the friendly relations
between the two states and the existing legal filed will create
favorable conditions for efficient cooperation in various field
of economy.