Russia Seeking To Become Largest Investor In Armenia – Fradkov

RUSSIA SEEKING TO BECOME LARGEST INVESTOR IN ARMENIA – FRADKOV
Andrei Urban

ITAR-TASS News Agency, Russia
December 1, 2006 Friday

Russia is seeking to become the largest investor in the Armenian
economy, Russian Prime Minister Mikhail Fradkov reiterated on Friday,
as he was answering an Itar-Tass question.

"We wish to make use of the potential which exists in trade and
economic relations with Armenia. We’ll be moving on," Fradkov said.

The premier reminded that a number of Russian companies successfully
operate in Armenia.

Vympelkom has invested 500 million dollars in an Armenian
telecommunications company, while Vneshtorgbank has invested in the
Armenian Savings Banks.

Projects in the transport sphere are being implemented.

"Yet, we have problems, rather long-standing and demanding a solution,"
Fradkov acknowledged, noting that "we have discussed these issues at
today’s talks."

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS