RUSSIA SEEKING TO BECOME LARGEST INVESTOR IN ARMENIA – FRADKOV
Andrei Urban
ITAR-TASS News Agency, Russia
December 1, 2006 Friday
Russia is seeking to become the largest investor in the Armenian
economy, Russian Prime Minister Mikhail Fradkov reiterated on Friday,
as he was answering an Itar-Tass question.
"We wish to make use of the potential which exists in trade and
economic relations with Armenia. We’ll be moving on," Fradkov said.
The premier reminded that a number of Russian companies successfully
operate in Armenia.
Vympelkom has invested 500 million dollars in an Armenian
telecommunications company, while Vneshtorgbank has invested in the
Armenian Savings Banks.
Projects in the transport sphere are being implemented.
"Yet, we have problems, rather long-standing and demanding a solution,"
Fradkov acknowledged, noting that "we have discussed these issues at
today’s talks."
From: Emil Lazarian | Ararat NewsPress
Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
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