Russia Promises Investments

RUSSIA PROMISES INVESTMENTS

LRAGIR.AM
17:23:56 – 23/04/2009

The construction of the new nuclear power plant with the participation
of Russia will enable to enhance the scale of the Russian investments
by 5 billion dollars within the upcoming 3-4 years, stated Serge
Sargsyan, the RIA Novosti press agency reports.

"By April 1, 1250 organizations with Russian capital are registered in
Armenia, stated Serge Sargsyan, adding that, despite of the crisis the
trade circulation between Armenia and Russia is 1 billion 66 million".

He also stated that "each country should be proud of having a partner
like Russia and we are proud of it". He brought the example that
the Russian language has become obligatory for all educational
institutions.

The process which Armenia and Azerbaijan are engaged in for the
Nagorno-Karabakh conflict settlement inspires hope, stated Medvedev. He
noted that the sides are on the right way. The Armenian president
agreed that there is some possibility to register a progress. He
expressed his satisfaction in connection with the statement of the
Russian president that the Nagorno-Karabakh issue should be solved
in accordance with the international norms.

Sargsyan recalled that the status of Nagorno-Karabakh is the axis of
the conflict.