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Russian, Armenian Premiers To Discuss Economic Interaction

RUSSIAN, ARMENIAN PREMIERS TO DISCUSS ECONOMIC INTERACTION

ITAR-TASS
Feb 26 2009
Russia

MOSCOW, February 26 (Itar-Tass) – The Russian and Armenian Prime
Ministers, Vladimir Putin and Tigran Sarkisyan, will meet on Friday
to discuss the implementation of accords reached in the course of
Sarkisyan’s visit to Moscow on December 5, 2008, and exchange views on
a range of pressing issues of Russian-Armenian economic interaction,
including in the financial and fuel and energy fields, a government
source said on Thursday.

"Economic ties between Russia and Armenian are developing
dynamically. The two countries consistently implement large joint
investment projects in power generation, processing industry, banking,
construction and transport. They support the development of production
in the republic’s manufacturing sector, contribute to the improvement
of the social sphere and intensify the economic integration of the
two countries," he said.

"Russia is on top of the list of Armenia’s foreign trade partner,
it is its main trade contractor and foreign investor in the Armenian
economy," the government official underlined.

In 2008, two-way trade grew 9.5 percent to 900 million dollars.

The accumulated volume of Russian investments in Armenia’s national
economy exceeded 1.8 billion dollars.

Russian businesses have been operating effectively in the republic. The
largest Russian companies in Armenia are Gazprom, Inter RAO EUS,
Russian Railways, VTB bank, Russian Aluminum, Vympelkom and AFK
Sistema.

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
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