RosBusinessConsulting Database
July 13, 2004 Tuesday

Russia and Armenia to prepare cooperation accord

Russia and Armenia will complete preparations for signing a
government agreement in the gas sphere, Russian Prime Minister
Mikhail Fradkov declared after negotiations with his Armenian
counterpart Andranik Markarian. According to the head of the Russian
government, relations between the two countries in the gas sphere are
developing dynamically. Fradkov also noted that the sides had
considered the efficiency of activities of the joint venture
ArmRosgazprom in Armenia.

Moreover, the construction of a fifth energy generating unit of the
Razdan power plant was negotiated at the meeting. Fradkov also
mentioned that issue concerning supplies of Russian nuclear fuel to
the Armenian nuclear power plant had been settled.