Armenian minister urges more Russian investment

Noyan Tapan news agency
7 Jul 04

Moscow, 7 July: During their 6 July meeting, Armenian Foreign Minister
Vardan Oskanyan and his Russian counterpart Sergey Lavrov lauded the
recent progress in trade and economic ties between the two countries.

Oskanyan told Lavrov that it was necessary to restore as soon as
possible the Armenian companies which were handed over to Russia as
part of the property-for-debt deal, the Foreign Ministry has
reported. This would boost Russia’s investments in the Armenian
economy, facilitate economic growth in Armenia and create new jobs.

The sides also talked about the positive example of successfully
developing cooperation between constituent parts of the Russian
Federation and Armenian districts. The significance of restoring
transport links between the two countries was also discussed. Russia
promised to pay more attention to this issue.