Announcement

Collapse
No announcement yet.

Russia To Provide A $500 Million Loan To Armenia

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Russia To Provide A $500 Million Loan To Armenia

    RUSSIA TO PROVIDE A $500 MILLION LOAN TO ARMENIA
    Anna Nazaryan

    "Radiolur"
    05.02.2009 16:33

    Under the conditions of the global financial crisis Russia is ready
    to support Armenia by providing a stabilization loan. "Russia never
    leaves its close friends at difficult moments, and when there is an
    opportunity, it will, certainly, support Armenia," Russian Ambassador
    to Armenia Nikolay Pavlov told a press conference today. According
    to him, Russia will provide a loan of about $500 million. "Russia
    implements the policy of helping its partners, which is evidenced by
    the fact that Russia has provided another loan to Kazakhstan equal
    to $300 million," he underlined.

    "The statements about the provision of armaments to Armenia worth
    $800 million are false and do not correspond to reality," Ambassador
    Pavlov stated, commenting on the reports of Azerbaijani media.

    In case of Abkhazia and South Ossetia Russia is guided by the principle
    of the right of nations to self-determination. Asked why Russia does
    not demonstrate the same approach with regard to the Karabakh issue,
    Nikolay Pavlov noted that Russia is the guarantor of the agreements
    reached on the settlement of the Karabakh conflict. "Russia has
    declared that it will become the guarantor of the agreements reached
    on Nagorno Karabakh: Russia acts as co-chair of the OSCE Minsk Group,"
    he said.

    Speaking about Armeni a-NATO relations, Ambassador Pavlov stated
    that Armenia is a sovereign country and builds its foreign policy
    itself. "Armenia and Russia are strategic partners and the fact that
    Armenia builds relations with the United States and NATO does not
    excide envy or jealousy in me as Russian Ambassador," he concluded.
Working...
X