PM: Negotiations with Zubkov Passed in Complete Mutual Understanding

SERGE SARGSIAN: NEGOTIATIONS WITH HEAD OF RUSSIAN GOVERNMENT PASSED IN
CONDITIONS OF COMPLETE MUTUAL UNDERSTANDING

YEREVAN, FEBRUARY 7, NOYAN TAPAN. The negotiations conducted during the
visit of the head of the Russian government to Armenia "passed in
conditions of complete mutual understanding", the Armenian prime
minister Serge Sargsian stated at the February 6 sitting of the RA
National Assembly. According to him, on the same day the sides signed 6
documents in addition to 170 ones signed previously.

"We considered the visit of the Russian prime minister as a
continuation of my visit to Moscow last autumn," he said, adding that
there was a necessity to summarize the results of the work done in this
period. S. Sargsian also said that in the opinion of the prime
ministers of the two countries, the results of cooperation in 2007 are
satisfactory: commodity turnover between Armenia and Russia grew by
over 60% to 700 mln USD. "But we also noted that there are many
reserves and we are obliged to increase this index to 1 billion dollars
in a short time," S. Sargsian stated. In his words, "the opportunities
are great", especially taking into account the fact that Armenian
Railway has been passed to Russian Railways company for concession
management. The prime minister expressed an opinion that it will allow
Armenian building materials, which are in demand in Russia, to be
competitive in this country.

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