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Serzh Sargsyan: Present Level Of Armenian-Russian Economic Relations

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  • Serzh Sargsyan: Present Level Of Armenian-Russian Economic Relations

    SERZH SARGSYAN: PRESENT LEVEL OF ARMENIAN-RUSSIAN ECONOMIC RELATIONS IS IMPRESSIVE BUT IT YIELDS TO POLITICAL INTERACTION

    ArmInfo
    2008-10-21 15:25:00

    ArmInfo. The present level of Armenian-Russian economic relations
    is impressive but it yields to political interaction, President of
    Armenia Serzh Sargsyan said at a joint press conference with his
    Russian counterpart Dmitry Medvedev in Yerevan Tuesday. He said it
    is time for large-scale projects in the economic cooperation with
    Russia. Serzh Sargsyan said that the Armenian-Russian top leadership
    discussed the construction of a new nuclear power plant in Armenia,
    a new railway and other projects.

    The commodity turnover of the two states will exceed 1 billion dollars
    for the current year. There are over 1.2 thousand plants with Russian
    capital in Armenia. It is a serious figure for the not large economy
    of Armenia, Serzh Sargsyan said.

    For his part, Russian president said the Russian-Armenian economic
    relations are impressive now but they have a tendency of yielding to
    political ties. , Dmitry Medvedev said.

    From: Emil Lazarian | Ararat NewsPress
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