RosBusinessConsulting Database
February 26, 2009 Thursday 10:54 AM EST

Russian, Armenian PMs to discuss economic cooperation

Russian Prime Minister Vladimir Putin and Armenian Prime Minister
Tigran Sargsyan will discuss several current issues concerning the
economic cooperation of the two countries, including ties in the
financial and energy sectors. The meeting will be held on Friday
during Sargsyan’s visit to Moscow, said a source in the Russian
cabinet staff.

To recap, Russia is Armenia’s main economic partner, with trade
between the two countries rising 9.5 percent to $900m in 2008. By the
same token, the accrued amount of Russia’s capital investment in the
Armenian economy exceeded $1.8bn.