ARMENIAN-RUSSIAN INTERGOVERNMENTAL COMMISSION HOLDS ITS 9TH SITTING IN YEREVAN

armradio.am
14.09.2007 17:13

September 14 the 9th sitting of the Armenian-Russian Intergovernmental
Commission for Economic Cooperation was held in Yerevan.

The Co-Chair of the Commission, Russian Transport Minister Igor
Levitin said at a press conference following the sitting that the
commodity turnover between the two countries is increasing annually,
considerable raise has been registered as regards investments, this
year the volume of Russian investments will reach $0.5 million.

According to Igor Levitin, the main issue of economic cooperation
between the two states is the transport sphere, although certain
steps have already been taken in this direction. Ferry communication
has been launched, but it does not operate on a regular basis.

The Armenian Co-Chairs of the Commission, RA Prime Minister Serge
Sargsyan noted that an agreement will be signed as a result of the
9th sitting, according to which one of the largest Russian companies
will launch activity in Armenia. The Prime Minister informed also
that deals of larger volume will be concluded at the 10th sitting of
the Commission to be held in Russia.

In Serge Sargsyanï~^’s words, despite the changes in the Russian
Government, his official visit to Moscow remains in force. Attaching
importance to the visit, the Prime Minister mentioned that it will
enable to establish ties with Russiaï~^’s new Prime Minister and
members of cabinet.

–Boundary_(ID_/rj/rdMBLn08oIU3hdrtxA)–