Luzhkov Ponders, Zakharyan Waits

A1+

| 18:30:09 | 07-10-2005 | Economy |

LUZHKOV PONDERS, ZAKHARYAN WAITS

`I’ll think about it’, mayor of Moscow Yuri Luzhkov said to journalists
about buying an apartment in the centre of Yerevan city.

Of course, that was not the aim of Mr. Luzhkov’s visit. At 2 Argishti str.,
Yerevan, Moscow Culture and Business Centre will have been built by
September 1st, 2006. Mayor of Moscow Yuri Luzhkov and mayor of Yerevan
Yervand Zakharyan signed today à corresponding memorandum.

Due to tradition the memorandum was placed in a small bottle, which
simvolized the first stone of the building.

Yervand Zakharyan noted, that about 10 million dollars will go on the
building and added: «Beginning from today Moscow days start in Yerevan. The
fact that Culture and Business centre will be located near the city
administration talks to the friendship and brotherhood of two countries.

Mr. Luzhkov added, that `the centre will promote the development of
cultural, commercial and economic relations and business’. `This is what we
are expected to do’.

The architect of the building is Levon Vardanyan.

Yuri Luzhkov also stated, that before long similar territories are planned
to be given to Armenia for founding Yerevan Centre in Moscow.