Armenia To Join International Uranium Enrichment Centre In Russia

ARMENIA TO JOIN INTERNATIONAL URANIUM ENRICHMENT CENTRE IN RUSSIA

Mediamax, Armenia
Feb 6 2008

Armenia and Russia have signed an inter-government agreement on
Armenia’s involvement in the activity of the Russia-based international
uranium enrichment centre, Mediax news agency reported, quoting
Russian Prime Minister Viktor Zubkov.

Zubkov is paying an official visit to Armenia. The following of the
text of report by private Armenian news agency Mediamax

Yerevan, 6 February: Armenian Prime Minister Serzh Sargsyan said in
Yerevan today that Russia and Armenia intend to bring trade turnover
to 1bn dollars.

Sargsyan said this at a joint news conference following his talks
with Russian Prime Minister Viktor Zubkov who is paying an official
visit to Yerevan, Mediamax reported.

Sargsyan said that Armenian-Russian trade had totalled 700m dollars
in late 2007 and there is a potential to cross a 1bn threshold within
a short period of time.

Sargsyan said that the issue of intensifying Russian investment
activity in Armenia had been discussed at the talks with his Russian
counterpart. Sargsyan stressed that the accumulated figure of Russian
capital in Armenia has reached 1bn dollars.

He added that transport communication between the two countries had
been discussed at the meeting. That is the only obstacle impeding
the increase of bilateral trade. He said that giving the Armenian
railways closed-type joint-stock company to the Russian side for
concessionary management would have a considerable impact on the
volume of work planned for the near future.

In this context, Sargsyan mentioned an agreement between Armenia and
Russia on supplies of building materials for preparations to the 2014
Olympics on Sochi.

Russian Prime Minister Viktor Zubkov said that agreements on
cooperation in the sphere of innovation technologies and communication,
and trade had been signed following the talks with his Armenian
counterpart.

Zubkov said that an inter-government agreement on Armenia’s involvement
in the activity of the [Russia-based] international uranium enrichment
centre had been signed.