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Russia, Armenia Mull Economic Alignment

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  • Russia, Armenia Mull Economic Alignment

    RUSSIA, ARMENIA MULL ECONOMIC ALIGNMENT

    RosBusinessConsulting Database
    August 8, 2012 Wednesday 9:54 AM EST

    Russia and Armenia have agreed to set up a commission that will
    examine the feasibility of Armenia's integration into the Customs
    Union and the Common Economic Area of Russia, Kazakhstan, and Belarus,
    Russian President Vladimir Putin told reporters after his negotiations
    with Armenian President Serzh Sargsyan today.

    Some customs instruments which Russia, Kazakhstan, and Belarus have
    agreed upon could be applied to Armenia, bearing in mind the fact
    that Armenia has no common border with Russia, Putin said.

    Putin and Sargsyan also discussed the prospects of promoting
    cooperation within the Commonwealth of Independent States (CIS) and
    the Collective Security Treaty Organization (CSTO), and exchanged
    their opinions on the progress of talks to resolve the conflict over
    the Nagorno-Karabakh region, the Russian president said.

    Sargsyan added that they discussed the price of Russian natural
    gas supplies to Armenia and reached consensus on price formation
    principles.


    From: Baghdasarian
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