President.Am, Armenia
July 10 2008

Today President Serzh Sargsyan received the Minister of Foreign
Affairs of the Czech Republic, Karel Schwarzenberg, who arrived to
Armenia on official visit, and his delegation.

President Sargsyan said that Armenia attaches great importance not
only to the development of bilateral relations with the Czech Republic
but also to the relations in multilateral settings and cooperation in
the European structures.

Noting that in January 2009 the Czech Republic would assume the
chairmanship at the European Union and has a sincere desire to expand
relations with the countries involved in the New Neighborhood plan,
Karl Schwarzenberg said that he deemed it necessary to visit the
region ahead of time and have discussions on the areas of cooperation.

At the request of the high guest the President of Armenia presented in
detail the current stage of the Nagorno Karabakh peace process and
provided explanation on some of the issues.

The Head of the Czech Ministry of Foreign Affairs expressed hope that
the parties would be able to bring the fundamental principles of
international law together and find a solution which would yield
positive results for the people of Nagorno Karabakh. He said that
after all the people is the most important part of the problem.

Today President Serzh Sargsyan received the Chairman of the Board of
Directors of the Russian oil and gas `Itera’ company, Igor Makarov.

At the meeting the two sides discussed the issues pertaining to the
cooperation in different areas and spoke about the future programs.

The Chairman of the Board of Directors of the Russian company signaled
his intentions to invest in the area of production of construction
materials as well as to build an industrial unit for the production of
construction materials.

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