Armenian and Russian FMs meet in St. Petersburg
Armenian Prime Minister Tigran Sargsyan had a meeting with his Russian counterpart Vladimir Putin in Saint Petersburg.
Vladimir Putin stressed that Armenia's is a trustful partner for Armenia and emphasized bilateral cooperation between the two countries in different spheres.
According to the Russian Prime Minister, they pay special attention to the Armenian-Russian cooperation specifically in the sphere of economy.
"Last year Russia provided a %500 mln privileged loan to Armenia for a term of 15 years," Vladimir Putin said, adding that it allowed maintaining the volume of commodity turnover between the two countries.
According to him, the Russian investments into Armenian economy total $3 billion.
"No Russian company has left the Armenian market," the Russian prime Minister said, noting that all in all 1 000 Russian Companies currently function in Armenia. He voiced hope that it would be possible to reach a new level of cooperation through joint efforts.
Armenian Prime Minister Tigran Sargsyan emphasized, in turn, that "we will do our best for the Russian companies to feel more comfortable in Armenia."
In particular, PM Tigran Sargsyan stressed that "Mars" company intends to create a free trade zone, which is an exceptional program.
