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RUSSIAN BUSINESS READY TO DEPOSIT IN ARMENIA
PanARMENIAN.Net
25.09.2007 15:03 GMT+04:00
/PanARMENIAN.Net/ Upon outcomes of the intergovernmental negotiations
today, Armenia and Russia signed a protocol on prolongation of
agreement of 2000 on regulations of indirect tax collection providing
for a 0 added value tax in mutual trade.
After a meeting with RA Prime Minister Serge Sargsyan, Russian Premier
Victor Zubkov said Russia concludes the agreement with friendly states,
since it allows two states to run trust business.
When commenting on Russia's investment policy, Mr Zubkov noted that
in the near future Russian investments in the Armenian economy will
redouble and amount to $1,5 billion. The funds will be partly spent
on construction of an oil processing plant in Armenia.
"Russian business is ready to deposit in the Armenian economy,"
the RF PM stated.
"Armenian construction firms can be engaged in building of Olympic
facilities in Sochi. Furthermore, Armenia was always famous for
construction materials and the Olympic games in Sochi is a good
opportunity," Victor Zubkov noted, IA Regnum reports.
PanARMENIAN.Net
25.09.2007 15:03 GMT+04:00
/PanARMENIAN.Net/ Upon outcomes of the intergovernmental negotiations
today, Armenia and Russia signed a protocol on prolongation of
agreement of 2000 on regulations of indirect tax collection providing
for a 0 added value tax in mutual trade.
After a meeting with RA Prime Minister Serge Sargsyan, Russian Premier
Victor Zubkov said Russia concludes the agreement with friendly states,
since it allows two states to run trust business.
When commenting on Russia's investment policy, Mr Zubkov noted that
in the near future Russian investments in the Armenian economy will
redouble and amount to $1,5 billion. The funds will be partly spent
on construction of an oil processing plant in Armenia.
"Russian business is ready to deposit in the Armenian economy,"
the RF PM stated.
"Armenian construction firms can be engaged in building of Olympic
facilities in Sochi. Furthermore, Armenia was always famous for
construction materials and the Olympic games in Sochi is a good
opportunity," Victor Zubkov noted, IA Regnum reports.