PRESIDENT OF ARMENIA: ARMENIA COUNTS ON NEARLY 5 BILLION DOLLARS RUSSIAN INVESTMENTS FOR COMING YEARS

ArmInfo
2009-04-24 11:39:00

ArmInfo. Armenia counts on up to 5 billion dollars investments from
Russia for the coming 3-4 years, President of Armenia Serzh Sargsyan
told his Russian counterpart Dmitry Medvedev Thursday in Moscow,
ITAR-TASS reported.

‘Russian investments have already exceeded 2.5 billion dollars given
the real interest of Russian companies in Armenia, particularly in the
projects of construction of a new NPP and uranium exploration. All
this will increase investments to 5 billion drams for the coming
three-four years’, S. Sargsyan said. He mentioned that 1250 companies
in Armenia have Russian capital and the commodity turnover between
the two states has reached 1 billion 50 million dollars.