NEW AGREEMEMT ON COOPERATION BETWEEN ARMENIA AND MOSCOW REGION TO BE
SIGNED SOON
YEREVAN, SEPTEMBER 15, NOYAN TAPAN. A delegation headed by Boris
Gromov, the governor of the Moscow region (Russia), will soon arrive
in Armenia with the aim of signing an agreement on economic
cooperation between Armenia and the Moscow region. Ludmila Molchanova,
Deputy Chairwoman of the Committee for Small and Medium Business
Development of the Moscow region, said at the “Cooperation 2005”
Armenian-Russian business meeting that the agreement has already been
sent to the RA Ministry of Foreign Affairs and is in the process of
adjustment. It was noted that the first agreement on cooperation
between the Armenian government and the Moscow region was signed as
far back as 1997.
According to L. Molchanova, the Moscow region has been a serious trade
and economic partner for Armenia. For instance, in 2004, the trade
turnover grew more than fourfold over 2000. The Moscow region is the
largest in Russia in terms of its population. In 2004, direct
investments of over 1 bln USD were made in the region, while its trade
turnover made 6.8 bln USD.
From: Emil Lazarian | Ararat NewsPress