ANDRANIK MARGARYAN MET IGOR LEVITIN

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| 14:41:57 | 13-10-2005 | Official |

Today Armenian Prime Minister Andranik Margaryan received Co-Chair
of the Armenian-Russian Intergovernmental Commission on Economic
Cooperation, Minister of Transport Igor Levitin.

Speaking about the high level of cooperation between Armenia
and Russia, the interlocutors stressed the activities of the
Intergovernmental Commission and noted with satisfaction the growth
of commodity turnover between the two states.

It was emphasized that Russia still remains Armenia’s principal
economic partner and the established legal-contractual basis and
over 160 agreements give the possibility to develop cooperation in
all the fields.

The Armenian government head noted that the establishment
of transport communication will contribute to further trade and
economic cooperation. In this view Armenia attaches great importance
to the Caucasus-Poti railway and ferry line. The Prime Minister also
marked out the importance of restoration of the Abkhazian sector of
the Georgian railway, what would be very profitable and would open
wide possibilities for the whole region. The parties discussed the
possibility of trilateral participation in the railway construction
(Russia-Georgia-Armenia)

The Ra Premier and Co-Chair of the Armenian-Russian Intergovernmental
Commission also touched upon the issue of the Armenian enterprises
conveyed to Russia due to Property for Debt Treaty. Upon completion
of the meeting they expressed hope that the upcoming visit of the
Russian Prime Minister to Armenia will convey a new impulse to the
Armenian-Russian political and economic relations.