RUSSIAN PM TO VISIT ARMENIA AT YEAREND

Pan Armenian
13.10.2005 22:06 GMT+04:00

/PanARMENIAN.Net/ Today Armenian PM Andranik Margaryan met with
Co-Chair of the Armenian-Russian Inter-Governmental Commission for
Economic Cooperation, Russian Minister of Transport Igor Levitin,
reported the Press Service of the Armenian Government. The
interlocutors noted the large role of the Armenian-Russian
Inter-Governmental Commission. The parties were satisfied with the
growth of the volume of commodity turnover between Armenia and Russia,
which increased 31% within former six months of 2005 as compared to
the same period past year and was equal to $120.4 million. Russia is
still Armenia’s biggest trade and economic partner and the contractual
basis, specifically over 160 interstate and intergovernmental documents
provide an opportunity to develop and expand comprehensive cooperation,
the parties emphasized. In the opinion of meeting participants, the
events held in Armenia within the Year of Russia promote strengthening
the Armenian-Russian relations. These will be continued in the Year
of Armenia in Russia in 2006.

Armenian PM noted the importance of ties and cooperation between
administrative units of the two countries, as well as that of mutually
favorable arrangements.

A. Margaryan remarked that establishment of efficient transport
communications may promote further expansion of the trade and
economic cooperation between Armenia and Russia. Armenia highlights
the regular work of Kavkaz-Poti train ferry in this respect. He also
stressed Armenia’s interest toward resumption of communication via the
Abkhaz part of the Georgian railway. The interlocutors also discussed
opportunities of participation of Russia, Georgia and Armenia in the
building of the railway.

Mr. Margaryan remarked that trying to activate the process the Armenian
party holds periodical discussions with Georgian authorities over
resumption of rail communication.

Besides, A. Margaryan and I. Levitin discussed the question of putting
into operation Armenian enterprises conveyed to Russia within the
Property for Debt agreement. I. Levitin assured the working groups
formed with that purpose make efforts and the Russian party is
interested in the soonest launching of the enterprises as well. Upon
completion of the meeting the parties expressed hope for the visit
of Russian PM to Armenia scheduled at the year-end to convey new
impetus to the development of the Armenian-Russian political and
economic relations.