Russia, Armenia enjoy great potential in cooperation: Putin
People’s Daily Online, China
March 26 2005
Russian President Vladimir Putin, who is visiting Armenia, on Friday
urged both sides to seek new models of cooperation, stressing the huge
potential in developing ties between the two countries, especially
in investment.
“Russia and Armenia are equally interested in deeper multidimensional
ties and see our future in close integration,” Putin said at the
opening ceremony of the Russia Year in Armenia, the Interfax news
agency reported.
“We have to seek effective models of cooperation, open up new
opportunities for the free movement of capital, goods and services,”
Putin said.
Armenia is a “promising partner for Russian businesses in jointenergy,
infrastructure, transport and other projects,” he said.
Putin singled out investment as an important aspect of Russia-Armenia
cooperation.
As Armenia’s main investor and trading partner, Russia played an
important role, with its investment, in Armenia’s efforts to boost
key sectors of its economy, he said.
“It (investment) is growing and there lie considerable prospects,”
Putin told a press conference after talks with his Armenian counterpart
Robert Kocharyan.
Putin noted the stable political situation and economic growth in
Armenia is a prerequisite for expanding cooperation.
The Russian president arrived in Armenia Thursday for a two-dayvisit,
during which he held talks with Kocharyan and attended the opening
ceremony of the Year of Russia in Armenia.