RosBusinessConsulting Database
July 29, 2004 Thursday 11:54 am, EST
Georgia pays debts to Armenia
The Georgian government has paid $5.8m in fines and interests of its
debt to Armenia for the period from 2003 to May 2004, Armenian
Finance Minister Vardan Khachatrian told journalists, the ARKA news
agency reported. According to him, a bilateral commission that will
discuss all debt issues has been created.
Georgia’s state debt to Armenia is $19.5m. Moreover, Georgian energy
enterprises own $4m to Armenian energy companies.