ARMENIA HAS RESERVES FOR DYNAMIC ECONOMIC GROWTH: PRESIDENT

ARKA News Agency, Armenia
Sept 28 2007

YEREVAN, September 28. /ARKA/. Armenia has serious reserves for
dynamic economic growth, RA President Robert Kocharian said during
his annual meeting with representatives from the RA Foreign Ministry
and Armenia’s diplomatic institutions abroad.

Rather favorable conditions have been created for two-figure economic
development, the RA President said.

"Armenia is one of the fast developing countries which do not produce
oil," Kocharian said. Effective reforms carried out in the country
are the guarantee of Armenia’s success.

The President attached importance to the development of foreign
diplomatic relations and attraction of investments. He pointed out
that Armenia’s ambassadors fulfill the whole potential of economic
cooperation.

Talking about the priorities of the country’s foreign relations,
Kocharian said Armenia must take more firm steps and be more active
for their development.

The RA President pointed out that meetings with diplomats help to
share opinions on the topical issues, make necessary reforms, enrich
information base and make more purposeful use of it. The participants
to the meeting also discussed the Karabakh conflict settlement.