THREE-YEAR PROGRAM ON COOPERATION BETWEEN YEREVAN AND SAINT PETERSBURG
TO BE DEVELOPED
YEREVAN, SEPTEMBER 14, NOYAN TAPAN. A joint working group of Yerevan
and Saint Petersburg Mayor’s Offices will be set up with the aim of
developing a program on cooperation between the two cities in the next
three years. An agreement on this was reached between Saint Petersburg
Governor Valentina Matviyenko and Yerevan Mayor Ervand Zakharian at
the September 14 meeting in Yerevan.
According to V. Matviyenko, not only a historical basis but also an
economic potential and mutual interest exist for extending the
cooperation between Russia and Armenia, as well as Yerevan and Saint
Petersburg. She said that first of all, the volumes of commodity
turnover between Armenia and Saint Petersburg should
increase. Although this index grew by 15% in 2004 over the previous
year and made around 9 mln USD, it is still quite low. V. Matviyenko
also stated that they have achieved an agreement with E. Zakharian to
build a Saint Petersburg House in Yerevan and a Yerevan House in Saint
Petersburg.
During the one-day visit, the businessmen included in the Russian
delegation will meet with Armenian businessmen to discuss
opportunities for making investments and founding joint ventures.