PRESIDENTS CONTENT WITH ARMENIAN AND RUSSIAN ECONOMIC RELATIONS DEVELOPMENTMay 14, 2004 - 22:40 AMT PanARMENIAN.Net - During the negotiations held in Novo Ogarevo (Podmoskovie, Russia) Armenian and Russian Presidents Robert Kocharian and Vladimir Putin stated they are satisfied with the development of bilateral economic relations. As Russian President has emphasized, Russia and Armenia "are efficiently working in this direction what finds reflection in the rate of economic interaction". V. Putin reminded that in 2003 the commodity circulation between Russia and Armenia increased more than 34%. Robert Kocharian, from his part, said that due Property for Debt treaty the two countries entered a new phase of economic relationship. In his opinion, "a lot of interesting events" are taking place in the economic area of bilateral relations. He also reminded of Vneshtorgbank's integration in Armenia and underscored that the chemical industry began functioning thanks to Russian investors. In Kocharian's words, "Russian businessmen are interested in investing funds in the Armenian economy, in construction and other areas, for instance". Top stories The Cabinet of Ministers decided on Thursday, November 9 to allocated AMD 120 million to arrange the gathering. Michael Roth believes sanctions must be put on the table after Baku‘s ethnic cleansing in Nagorno-Karabakh. The Yerevan City Council has elected Tigran Avniyan from the ruling Civil Contract as the mayor of the Armenian capital. The Armenian Parliament on Tuesday, October 3 voted to ratify the Rome Statute of the International Criminal Court. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. |