Presidential Elections In Russia And Armenia Will Not Affect Allied

PRESIDENTIAL ELECTIONS IN RUSSIA AND ARMENIA WILL NOT AFFECT ALLIED RELATIONSHIPS

ARMENPRESS
Sept 25 2007

MOSCOW, SEPTEMBER 25, ARMENPRESS; Russia’s prime minister Viktor Zubkov
said today that the forthcoming presidential elections in Armenia and
Russia, both scheduled for 2008, will not affect the allied relations
between the two nations.

He was speaking to a session of the bilateral commission on economic
cooperation that convened today in Moscow. The Armenian delegation
is led by prime minister Serzh Sarkisian.

"Our major common task, as I see it, is to continue developing our
allied relationships, first of all, in economy and humanitarian areas,
and to also strengthen the legal framework for cooperation,’ he said,
adding that as a result of the negotiations both sides will sign
several agreements.

The Armenian prime minister described relations with Russia as
‘dynamically developing."

According to him, a 70 percent rise in bilateral trade in the first
half of this year is the best evidence of it."

Speaking to journalists after the session the Russian prime minister
said Russian investments in Armenia are expected to doubted to $1.5
billion.

"What we mean are resumption of operation of several enterprises in
Armenia and building an oil refinery," Zubkov divulged.

"Russian companies, particularly, Gazprom, Rusal and Vimpelcom are
ready to invest in Armenia and work there actively," he said.