RF Minister Of Interior: Armenia-Russia Economic Relations Subject T

RF MINISTER OF INTERIOR: ARMENIA-RUSSIA ECONOMIC RELATIONS SUBJECT TO CRIMINAL INFLUENCE

PanARMENIAN.Net
28.06.2006 15:09 GMT+04:00

/PanARMENIAN.Net/ Russia and Armenia should activate cooperation for
counteracting economic crime, Russian Minister of Interior Rashid
Nurgaliyev stated Wednesday at the sitting of the United Board of
the Russian Ministry of Interior and the Armenian Police.

"The economic ties between Armenia and Russia are watched and
influenced by criminal structures," Nurgaliyev said. In his words, the
commodity turnover between the two states increases year by year. "In
2005 it grew with 40%. One quarter of the authorized capital stock of
the banks registered in Armenia belongs to Russia," the Minister said.

Nurgaliyev added that the law enforcement bodies of the two states
exchange information on the organizations engaged in the economic
activities. "The successful disclosure of economic crimes such as
contraband, swindling, illegal business undertakings, is conditioned
by the improvement of information exchange between the Russian and
Armenian law enforcement," he said, reported RIA Novosti.