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  • Restart of Mars - political issue

    RESTART OF MARS - POLITICAL ISSUE

    A1plus

    | 20:29:38 | 17-05-2005 | Politics |

    The 9th sitting of the Commission on interparliamentary Cooperation
    was held today. The agenda included issues referring to the restart
    of Armenian enterprises, conveyed to Russia within the Property for
    Debt agreement as well as the economic cooperation of Russian regions,
    specifically the Southern Federal Region with Armenia.

    Commission Co-Chair Nikolay Ryzhkov stated that the discontent is
    mostly connected with the institutes and only the Mars plant and the
    Hrazdan Hydro power plant work in some way.

    Vice Speaker Vahan Hovhanissyan informed that the production volume as
    well as the number of employees has decrease, there are no investments
    and orders are received from Armenian companies only. He note In the
    course of the final press conference N. Ryzhkov noted that harsh
    discussion was held over the fate of the Armenian enterprises,
    especially Mars plant and the three research institutes. Mutual
    pretensions were expressed. In his words, the issue is a political
    one. The parties stated there are some legal issues that have to be
    solved by respective Russian ministries. In the words of the Armenian
    Co-Chair Vahan Hovhannisian, in the course of the session it turned
    out that Russian businessmen have serious comprehension over the
    degree of liberty and monopoly in the Armenian economy, which forms
    certain risks for investing and the presence of Russian business
    at the Armenian market. The Armenian party promised to inform the
    Russian party on the state of affairs at the local market, having
    secured the information of the Anti-Monopoly Commission of Armenia.

    Besides, in V. Hovhannisian's words, the Armenian party has proposed to
    consider the option of passing part of the shares of these enterprises
    to private companies if the Russian state is not able to secure orders
    and investments to these. At the same time, as noted by Hovhannisian,
    these events mainly refer to the military industrial complex and
    the Russian legislation does not provide for sending orders of that
    kind to enterprises outside Russia. Within the context of economic
    cooperation of subjects of the Russian Federation with Armenia the
    parties touched upon communication problems, specifically the ferry
    and railway communication. d that the restart of the enterprises is
    rather a political than economic issue.

    In his turn chairman of the Association of the Armenian-Russian
    Business Cooperation (ARADES) Grigory Kharchenko noted that the
    Russian businessmen seriously concern over relations with Armenia
    fearing for unfree competition.
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