Armenian And Russian Presidents Meet In Moscow On April 20

ARMENIAN AND RUSSIAN PRESIDENTS MEET IN MOSCOW ON APRIL 20

ArmInfo
2010-04-20 12:29:00

ArmInfo. President of Armenia Serzh Sargsyan will meet with his
Russian counterpart Dmitry Medvedev on April 20 during his short
working visit to Moscow.

As Interfax reports quoting its sources in Kremlin, a number of
pressing issues of the Armenian-Russian allied partnership and Karabakh
conflict settlement will be discussed during the meeting.

"The contacts of the Russian and Armenian presidents in 2009-2010,
also during S. Sargsyan’s working visits to RF (in April and
October 2009 and January 2010), within the frames of bilateral
events, confirmed the mutual interest in further deepening of the
Russian-Armenian cooperation", the source said. According to it,
relations in the governmental, parliamentary, departmental formats
are traditionally active. Presidents will also discuss Russia-Armenia
economic cooperation, primarily in energy sphere.

"Russian companies fully meet the needs of Armenia in natural gas and
nuclear fuel supplies, and implementation of big projects in gas and
nuclear power are successfully going on", the source emphasized.

The source emphasized that Russia currently firmly secured in the
positions of the republic’s key foreign political partner. Despite some
reduction of mutual goods turnover as a result of the global crisis,
progressive implementation of priority investment programmes is going
on, and accumulated Russian capital investments in Armenia’s economy
reach almost $2,4 bln, that makes up about 60% of all the foreign
investments in the country. Energy, banking, telecommunication,
mining and building sectors are the primary branches for allocation
of the Russian capital. At the height of the global economic crisis,
a state credit was allocated to the republic in June 2009 to the sum
of $ 500 mln, and Russian humanitarian aid to the Armenian population
is going on. Medvedev and Sargsyan will also discuss the Nagorno
Karabakh conflict settlement. The Russian party, also with account
of its status of OSCE MG cochairman, does not weakens its activity
of mediatory efforts, due to which certain progress was achieved in
coordination of the basic principles of settlement. Russia intends
to further assist Yerevan and Baku in search of mutually acceptable
solutions, and in case of achievement of a compromise agreement, it
will appear a guarantor of settlement", the Kremlin source emphasized.

Today’s meeting of Medvedev and Sargsyan will become the third one in
2010. Earlier, the presidents met twice – in Moscow and Sochi. The
second meeting was held with participation of Azerbaijani President
Ilham Aliyev, and the matter concerned the Nagorno Karabakh conflict
settlement. Medvedev and Sargsyan met in 2009 seven times.