TBILISI: Russia-Armenia Trade Turnover Increases

RUSSIA-ARMENIA TRADE TURNOVER INCREASES

The Messenger
Dec 15 2008
Georgia

Russian-Armenian trade turnover for the ten months of 2008 was USD
860 million. Of this amount USD 680 million was accounted for by
products Russia exported to Armenia.

In 2008 Russia’s investments in Armenia doubled, reaching USD 570
million, 70% of total foreign investment in the country.

Russia and Armenia will cooperate in nanotechnologies, energy and
other economic spheres. Russia will also assist Armenia in building
its new nuclear power station. Armenia has not suffered considerably
so far from the world economic crisis.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS