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Russian Investments In Armenia Growing

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  • Russian Investments In Armenia Growing

    RUSSIAN INVESTMENTS IN ARMENIA GROWING
    Siranush Muradyan

    "Radiolur"
    31.03.2009 13:43

    "The volume of Russian investments in Armenia reached 1 billion
    79 million USD over the past years," the Armenian-Russian
    Interparliamentary Commission stated during a joint sitting in Moscow.

    During the meeting with reporters Co-Chair of the Commission Aram
    Safaryan, members of the Commission Volodya Badalyan and Hermine
    Naghdalyan presented the activity and the agreements reached during
    the 16th sitting of the Commission.

    "The direct Russian investments in Armenia have exceeded 1 billion
    79 million USD over the past years. Those are gradually growing,"
    Aram Safaryan said.

    According to Hermine Naghdalyan, a number of issues were discussed at
    the sitting including the question of using the Armenian economic
    potential at the forthcoming Olympic Games in Sochi. "In this
    context we discussed the issues of possible assistance to Armenian
    businessmen," she said.
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