ARKA News Agency
Aug 16 2004


Presidents of Armenia and Russia to conduct a working meeting in
sotchi on August 20

RA President meets with the delegation of Russkij Aluminy company
today

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PRESIDENTS OF ARMENIA AND RUSSIA TO CONDUCT A WORKING MEETING IN
SOTCHI ON AUGUST 20

YEREVAN, August 16. /ARKA/. The Presidents of Armenia and Russia
Robert Kocharian and Vladimir Putin will conduct a working meeting in
Sotchi on August 20. According to the Press Service Department of RA
President, a large scope of issues of Armenian-Russian bilateral
relations will be discussed. L.V. - 0--

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RA PRESIDENT MEETS WITH THE DELEGATION OF RUSSKIJ ALUMINY COMPANY
TODAY

YEREVAN, August 16. /ARKA/. The RA President Robert Kocharian met
today with the delegation of Russkij Aluminy (RusAl) Company headed
by Alexander Livshits, the Deputy Director General of the company.
According to the Press Service Department of RA President, Livshits
presented the projects related to the activities of the factory and
the process of their implementation to the President. He said that it
is planned to implement a volume program of industrial reequipment of
the factory by means of attracting foreign investors. As a result of
the program, Armenal will become the most modern factory in CIS and
Europe. The Deputy Director also informed that financial mechanisms
of the investment program are currently being developed.
After the meeting, Livshits told the media, that `the meeting was
held in a friendly and constructive atmosphere'
The first meeting of RA President and the delegation of Russkij
Aluminy (RusAl) company took place on July 30, 2003. Then, it was
planned to invest $38 mln in industrial reequipment of Armenal. Now,
the investment in factory modernization will make $70 mln. L.V.-0--

From: Emil Lazarian | Ararat NewsPress