Russia Strengthening Positions As Armenia’s Major Economic Counterag

RUSSIA STRENGTHENING POSITIONS AS ARMENIA’S MAJOR ECONOMIC COUNTERAGENT

PanARMENIAN.Net
05.10.2007 16:44 GMT+04:00

/PanARMENIAN.Net/ The Russian and Armenian Prime Ministers certified
in Moscow that the trade and economic cooperation between Armenia
and Russia has approached the level peculiar for military-political
relations, Russian Ambassador to Armenia, Nikolay Pavlov said.

"Russia is strengthening positions as Armenia’s major economic
counteragent. The trade index is growing, serious programs of
industrial cooperation are being developed," he said.

"The commodity turnover between our states has increased over 70
per cent against the last year’s index. Both sides are interested in
further development of bilateral trade. The Prime Ministers agreed on
delivery of Armenian building materials for construction of Olympic
facilities in Sochi," he noted.

"Export of Armenian building materials to Russia will become an impulse
for establishing efficient execution of the Kavkaz-Poti ferry line,"
Amb. Pavlov said, Novosti Armenia reports.