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Some Legislative And Technical Problems Bar Armenian Russian-Run Ent

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  • Some Legislative And Technical Problems Bar Armenian Russian-Run Ent

    SOME LEGISLATIVE AND TECHNICAL PROBLEMS BAR ARMENIAN RUSSIA-RUN ENTERPRISES FROM RE-LAUNCHING

    ARKA News Agency, Armenia
    Nov 28 2006

    YEREVAN, November 28. /ARKA/. Some legislative and technical problems
    bar Armenian enterprises handed over to Russia for in exchange for
    debt remittance from re-launching, Russian Duma Speaker Boris Grizlov
    said as met with his Armenian counterpart Tigran Torosyan on Thursday
    in Moscow.

    In his words, no solutions are found for these problems.

    He thinks Russian and Armenian governments will think over the mater
    and find ways for overcoming these obstacles with joint efforts.

    Property-for-debt agreement was signed in 2002 between Armenia
    and Russia. Under the agreement, Mars plant, Yerevan mathematical
    equipment research institute, Yerevan automotive administration systems
    researches institute, Yerevan materials institute and Hrazdan Thermal
    Power Plant's property were handed over to Russia for $93-million
    state debt remittance.
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