ARMENIA, RUSSIA ASSESS ECONOMIC COOPERATION

Published: 16 October 2005 y., Sunday

Russian Transport Minister Igor Levitin said at a session in Yerevan on 13 October of the bilateral intergovernmental commission on economic cooperation, of which he is co-chairman, that Moscow has not yet met its commitment to restart production at several enterprises Armenia ceded to Russia two years ago in payment of its debts, Noyan Tapan reported.

Levitin said it has not yet been decided whether those enterprises will be restructured for military purposes. Levitin also told journalists in Yerevan on 13 October that Russia and Georgia are close to signing a formal agreement on the resumption of rail traffic from Sochi to Tbilisi via Abkhazia, a move that would facilitate Armenian imports and exports. Armenian commission co-chairman Serzh Sarkisian said Russia is prepared to cover most of the cost of repairs to that rail line, which has not been used for 13 years.

Šaltinis: RFE/RL's Armenian Service
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Paris fashion week ignores economic pinch

European cities may still be feeling the pinch of the global recession. more »

EBRD supports private ownership in Kazakhstan’s oil and gas sector

The EBRD Board of Directors has approved a $50 million convertible loan to Petrolinvest to finance the completion of exploration works at the company’s main oilfields. more »

Car safety: European Commission welcomes international agreement on electric and hybrid cars

The European Commission welcomes the adoption today at the United Nations in Geneva of the first international regulation on safety of both fully electric and hybrid cars. more »

Lithuania’s rating outlook raised by fitch on budget

Bloomberg has today announced that Lithuania had the outlook on its credit rating raised by Fitch Ratings after the Government implemented an austerity program to curb the budget deficit. more »

Eurostat: Lithuania shows highest increase in retail trade

In January 2010, compared with December 2009, the highest increase in retail trade in the EU-27 Member States was observed in Lithuania. more »

Globalisation fund: Parliament backs aid to Germany and Lithuania

Three thousand former car, refrigerator and construction workers in Germany and Lithuania will get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and job guidance after Parliament gave the green light on Tuesday. more »

Tourism: upbeat prospects for 2010 season

Some 80% of Europeans continue to travel for their holidays according to a new Eurobarometer survey on ‘The attitudes of Europeans towards tourism 2010’. more »

Consumer protection under discussion by MEPS

The EU's internal market will be under scrutiny Tuesday when a series of reports will be debated by MEPs in Strasbourg. more »

EU to provide 45,000 micro-loans to unemployed and small entrepreneurs

EU Employment and Social Affairs Ministers today agreed on a new facility to provide loans to people who have lost their jobs and want to start or further develop their own small business. more »

MEPs set to vote on help for German & Lithuanian workers

Over €7.6 million in financial aid for training and self-employment could be available to former workers in German and Lithuanian if MEPs back the measures Tuesday. more »