ARMENIAN, RUSSIAN PREMIERS TO DISCUSS ENERGY, NUCLEAR COOPERATION

Interfax
Dec 4 2008
Russia

Armenian Prime Minister Tigran Sargsian will meet with his Russian
counterpart to discuss cooperation in the fuel and energy sector,
expanding cooperation on peaceful uses of nuclear energy, and how to
overcome the negative effects of the global financial crisis on the
Russian and Armenian economies.

"Armenian Prime Minister Sargsian will be in Moscow on a working visit
on December 5, 2008, to hold talks with Russian head of government
Vladimir Putin," a source at the Russian government told Interfax.

"At the talks the two premiers are planning to discuss a broad range of
issues concerning Russian-Armenian relations with emphasis on trade,
economic and investment cooperation, as well as the implementation
of large joint projects on energy, processing industry, banking,
construction and transport," the source said.

The talks will focus, in particular, on "cooperation in the fuel
and energy sector," he said. "There are good prospects for expanding
cooperation on peaceful uses of nuclear energy, including continuing to
ensure safe operation of the Armenian nuclear power plant and studying
the possibility of building a new nuclear power unit," the source said.

Russian companies are "interested in conducting a geological survey
and in joint industrial exploration of uranium fields in Armenia,"
he added.

"Also a number of regional and international issues are expected
to be discussed, including how to overcome the negative effect of
the global financial crisis on the Russian and Armenian economies,"
said the source in the Russian government.