RUSSIA AND ARMENIA EXPAND ECONOMIC COOPERATION

SKRIN Market & Corporate News
February 12, 2008 Tuesday 03:31 PM GMT

A number of contracts have been signed during Russian Prime Minister
Viktor Zubkov’s visit to Yerevan, the Voice of Russia reported.

Notably, the two countries will set up a joint venture on extracting
uranium in Armenia. The country has joined the agreement on the
creation of an international uranium enrichment center on the Russian
territory. Russian companies will take part in the competition for
the construction of a new nuclear power plant in Armenia. It will be
the first foreign country to which Russia will deliver new passenger
middle-range Super-jet aircraft. An agreement has been reached on
Armenia’s deliveries of output necessary for the construction of
sport facilities in the Russian city of Sochi where the 2014 Winter
Olympic Games will be held.