Serzh Sargsyan Thanked For A $500 Million Loan

SERZH SARGSYAN THANKED FOR A $500 MILLION LOAN

A1+
02:17 pm | June 05, 2009

Official

On June 4 the President of Armenia, Serzh Sargsyan, had a meeting
with the President of the Russian Federation, Dmitry Medvedev. This
was the 16th meeting between the two Presidents after Serzh Sargsyan
assumed office.

During a conversation in an atmosphere of full understanding the
parties discussed issues related to the cooperation between two
strategic partners, as well as a number of questions on the regional
and international agenda.

Russian President Dmitry Medvedev assessed the frequent meetings
with Serzh Sargsyan as useful from the perspective of development of
Armenian-Russian cooperation and the development of personal relations.

Expressing gratitude for the invitation to participate in the
International Economic Forum in Saint Petersburg, President
Sargsyan said the forum acquires a new importance under the global
financial-economic crisis.

The Armenian President thanked his Russian counterpart for providing
a $500 million stabilization loan.

The interlocutors dwelt on the process of settlement of the Karabakh
conflict. "After our last meeting we have been working with our Russian
colleagues towards implementations of the agreements reached. The
Armenian side has been diligently working with the support of the Minsk
Group on the settlement of the Karabakh conflict, searching for ways
that would allow the people of Nagorno Karabakh to live safely in their
homeland and determine their own future," President Sargsyan stressed.

The parties discussed the issues connected with the further
expansion of the Armenian-Russian economic cooperation, and turned
to the strategic cooperation within the Collective Security Treaty
Organization and the creation of coalition forces.

Later the Presidents of Armenia, Russia and Azerbaijan had supper,
during which they discussed the peaceful settlement of the Karabakh
issue.

From: Emil Lazarian | Ararat NewsPress