RosBusinessConsulting Database
October 12, 2005 Wednesday

Russian transportation minister on cooperation with Armenia

Russia may soon become a major trade partner with Armenia, Russian
transportation minister and co-chairman of the Armenian-Russian
economic commission, Igor Levitin, reported. Moscow is still
considering possibilities for oil, fuel and petrochemical supplies to
Armenia, Levitin said. It is necessary to develop the legal basis for
cooperation and to organize a railway ferry service for the direction
the Port of Caucasus – the Port of Poti. “The transportation link has
not existed for 15 years, so we should not assume it would be easy to
reestablish it,” Levitin stressed. The transportation minister also
pointed out that businesses should take part in the restoration of
the ferry service, because it would enable them to supply goods to
Caucasus and Iran. It is important for Armenia to develop relations
with Moscow further and Russia has always considered Armenia a
reliable partner and friend, Levitin concluded.