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US Embassy warns against cooperation with Russian companies

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  • US Embassy warns against cooperation with Russian companies

    Haykakan Zhamanak: US Embassy warns against cooperation with Russian companies

    10:54 * 31.07.14


    The US Embassy to Armenia has issued a call to the Armenian Government
    and private companies, warning them of the risks stemming from
    cooperation with Russian companies.

    According to the paper, it has called all countries and residents to
    take into consideration all the risks linked to the partnership with
    Russian ventures and physical entities and suspend all kinds of
    transactions that run counter to the recently-imposed sanctions
    against the country.

    The paper notes that two of the above companies - Gazprom Bank and
    VTB-Armenia - carry out active business-related activities in the
    country. It says further that Rosneft, another company facing western
    sanctions, is planning to make large-scale investments in the rubber
    plant Nairit.


    Armenian News - Tert.am

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