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Presidential Elections In Russia And Armenia Will Not Affect Allied

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  • Presidential Elections In Russia And Armenia Will Not Affect Allied

    PRESIDENTIAL ELECTIONS IN RUSSIA AND ARMENIA WILL NOT AFFECT ALLIED RELATIONSHIPS

    ARMENPRESS
    Sept 25 2007

    MOSCOW, SEPTEMBER 25, ARMENPRESS; Russia's prime minister Viktor Zubkov
    said today that the forthcoming presidential elections in Armenia and
    Russia, both scheduled for 2008, will not affect the allied relations
    between the two nations.

    He was speaking to a session of the bilateral commission on economic
    cooperation that convened today in Moscow. The Armenian delegation
    is led by prime minister Serzh Sarkisian.

    "Our major common task, as I see it, is to continue developing our
    allied relationships, first of all, in economy and humanitarian areas,
    and to also strengthen the legal framework for cooperation,' he said,
    adding that as a result of the negotiations both sides will sign
    several agreements.

    The Armenian prime minister described relations with Russia as
    'dynamically developing."

    According to him, a 70 percent rise in bilateral trade in the first
    half of this year is the best evidence of it."

    Speaking to journalists after the session the Russian prime minister
    said Russian investments in Armenia are expected to doubted to $1.5
    billion.

    "What we mean are resumption of operation of several enterprises in
    Armenia and building an oil refinery," Zubkov divulged.

    "Russian companies, particularly, Gazprom, Rusal and Vimpelcom are
    ready to invest in Armenia and work there actively," he said.
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