AZG Armenian Daily #165, 15/09/2005
Economy
RUSSIA DID NOT LOSE INTEREST IN ASSET-FOR-DEBT DEAL
The Russian side has not so far presented the list of activities of Armenian
enterprises that Russia obtained within the frameworks of Asset-for-Debt
Project, trade and economic development minister Karen Tcshmaritian told
Mediamax agency. Asked whether Russia will not lose its interest in Armenian
enterprises, the minister said that “Russia is still paying attention to
this issue”. He said that the enterprises are in ready-to-work position but
do not function to the uttermost capacity. Minister Tcshmaritian expressed
hope that Russia will soon present its projects to RA Trade and Economic
Development Ministry, after which it will be possible to speak about
operation dates and investment size.