RIA Novosti, Russia
March 26 2004

CATHOLICOS OF ALL ARMENIANS MEETS RUSSIAN VNESHTORGBANK PRESIDENT

YEREVAN, March 26, 2004. (RIA Novosti) – Catholicos of All Armenians
Garegin II met with President and chairman of the board of the
Russian Vneshtorgbank (Foreign Trade Bank) Andrei Kostin.

The establishment of a united bank will help to solve Armenian
economic problems, Andrei Kostin said.

Garegin II expressed satisfaction with the development of
Russian-Armenian economic relations, the Catholicos’ chancellery
said. “It will have a positive influence on Russian-Armenian
friendship,” Garegin II added.

Vneshtorgbank signed a contract on the purchase of 70 percent of
Armsberbank shares in Yerevan on March 24, 2004.