Russian FM expects investment growth in Armenia
By M. Alkhazashvili
(Translated by Diana Dundua)
(Translated by Diana Dundua)
Friday, December 7
Russian Foreign Minister Sergey Lavrov said he expects a growth in capital investment in Armenia after a meeting with Armenian Foreign Minister Vartan Oskanian on December 5.
He also stated that current Russian investment in Armenia is USD 800 million, according to the RIA Novosti news agency.
Russia is Armenia’s main trade partner and has invested heavily in its Caucasian neighbor over the past few years—in 2004 and 2005, Russian investment in Armenia was USD 100 million.
He also stated that current Russian investment in Armenia is USD 800 million, according to the RIA Novosti news agency.
Russia is Armenia’s main trade partner and has invested heavily in its Caucasian neighbor over the past few years—in 2004 and 2005, Russian investment in Armenia was USD 100 million.