11th plenary sitting of Armenian-Russian Intergovernmental Commission
on Economic Cooperation held in Yaroslavl
YAROSLAVL, SEPTEMBER 25, NOYAN TAPAN. The delegation headed by Prime
Minister Tigran Sargsyan paid a working visit to the Russian city of
Yaroslavl where the 11th sitting of the Armenian-Russian
Intergovernmental Commission on Economic Cooperation was held.
A tete-a-tete conversation of the Commission Co-Chairmen – Tigran
Sargsyan and Russian Minister of Transport Igor Levitin took place
prior to the sitting.
The sitting was opened by I. Levitin who considered it symbolic that
the sitting takes place Yaroslavl: a few days ago the city hosted an
international forum to discuss ways of overcoming the global crisis and
establishing new international economic links.
In his speech, T. Sargsyan addressed the bilateral economic
cooperation. "The processes taking place in the Armenian economy are
silimar to those in Russia, and it is no accident. Our economic systems
are integrated and correlated. More than a thousand companies with
Russian capital operate in Armenia. Our energy system and transport
communication are integrated with the Russian economy," he stated.
According to him, in the first half of this year the crisis hit hard at
the economy, but some economic growth tendencies are noticeable today,
which means that the anricrisis grogram of the Armenian government has
produced results.
Having discussed the issues on the agenda, the participants made
decisions on the implementation of the protocol taken at the
Commission’s 10th sitting held on 20 October 2008, the current state
and development prospects of the bilateral trade and economic relations
and the legal and contractual field, the operation of the enterprises
that Armenia has given to Russia against its state debt, as well as
decisions on cooperation in energy, transport, cultural and educational
spheres. The participants assessed the work on developing cooperation
in energy, transport, cultural and educational spheres as efficient.
According to the RA Government Information and PR Department, at the
conclusion of the sitting T. Sargsyan and I. Levitin signed the
Protocol of the 11th Sitting of the Armenian-Russian Intergovernmental
Commission, following which they gave a press conference.