RUSSIAN INVESTMENTS IN ARMENIA GROWING
Siranush Muradyan

"Radiolur"
31.03.2009 13:43

"The volume of Russian investments in Armenia reached 1 billion
79 million USD over the past years," the Armenian-Russian
Interparliamentary Commission stated during a joint sitting in Moscow.

During the meeting with reporters Co-Chair of the Commission Aram
Safaryan, members of the Commission Volodya Badalyan and Hermine
Naghdalyan presented the activity and the agreements reached during
the 16th sitting of the Commission.

"The direct Russian investments in Armenia have exceeded 1 billion
79 million USD over the past years. Those are gradually growing,"
Aram Safaryan said.

According to Hermine Naghdalyan, a number of issues were discussed at
the sitting including the question of using the Armenian economic
potential at the forthcoming Olympic Games in Sochi. "In this
context we discussed the issues of possible assistance to Armenian
businessmen," she said.