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Presidents hail Russia-Armenia trade and economic ties

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  • Presidents hail Russia-Armenia trade and economic ties

    ITAR-TASS News Agency, Russia
    August 23, 2007 Thursday


    Presidents hail Russia-Armenia trade and economic ties

    SOCHI August 23


    The presidents of Russia and Armenia, Vladimir Putin and Robert
    Kocharyan, hailed on Thursday progress in the development of trade
    and economic relations and, in particular, investment cooperation
    between the two countries, Putin's aide Sergei Prikhodko told Tass.

    "The meeting assessed high amounts of trade and economic cooperation
    between Russia and Armenia," he noted. "In the first six months of
    this year trade between the two countries grew 70 percent," Prikhodko
    stressed.

    "President Kocharyan highly appreciated a growing interest of the
    Russian business in investing in his country," the Kremlin aide said.
    "A high growth pace of the Russian economy and the economy of Armenia
    make investment projects more attractive," he stressed.

    "The energy sector and the development of the transport network are
    also actively discussed," Prikhodko added.
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