Serge Sargsyan: Armenia never wished to live at the expense of other

Serge Sargsyan: Armenia never wished to live at the expense of other

PanARMENIAN.Net
27.04.2007 17:25 GMT+04:00

/PanARMENIAN.Net/ Conveyance of Armenian enterprises to Russia within
Property for Debt Treaty is not a bargain between two people when one
of them is cheating, Armenian Prime Minister Serge Sargsyan said in
an interview with Nezavisimaya Gazeta. "The idea to sign such treaty
wasn’t caused by Armenia’s debt.

Being the Co-chair of the intergovernmental commission I had a goal
to attract Russian capital to Armenia.

It’s very important for us, since investments are the only
way to restore Armenia’s economy. The other aspect is that even
progressive enterprises need constant modernization. If no single
ruble was invested in them during the recent years, so how could
they be modern? These enterprises were tied with the Russian ones
and fulfilled serious tasks for providing security," he said.

"I am convinced these enterprises can yield profit and the Armenian
government is ready to offer conveniences. Armenia never wished to
live at the expense of others. We want to develop relations with
Russia. We discussed the issue with Sergey Ivanov during his recent
visit to Yerevan," the PM resumed.