Russian minister: CIS integration processes favor Armenia![]() October 13, 2012 - 17:24 AMT PanARMENIAN.Net - CIS integration processes open new economic opportunities for Armenia, Russian Transport Minister said. As Maxim Sokolov noted at the second “Armenia and Russia. Cross-regional dialogue 2012” forum, the two countries will discuss the prospects and the possible format of Armenia’s involvement in CIS integration processes. Noting that Armenia-ratified Free Trade Area agreement in the framework of CIS will take effect in the days to come, Russian official stressed the importance of formation of a common economic zone with Russia, Belarus and Kazakhstan. “The project envisages setting up a common market with common economic and legal norms, which will ensure freedom of movement for goods, capital and persons,” Russian minister said. Partner news “It’s a pity that instead of operating flights, airplanes with Armenian flags stand idle under the sun,” Ghazaryan said. The issue was discussed by Gazprom chief Alexey Miller and Armenian Minister of Energy and Natural Resources Armen Movsisyan. On Feb 23, 2012, Yerevan Jur CJSC issued application for decreasing water prices from current AMD 174,059 to AMD 166,044 per cubic meter. Finance Minister David Sargsyan met with the regional director of KfW German Development Bank Lars Oermann. Partner news |