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Russian-Armenian Trade Rises to $900 Million

28_02-sargsyan-putinWithin the framework of his trip to Russia, Armenian Prime Minister Tigran Sargsyan had a one on one meeting with Russian Prime Minister Vladimir Putin during which they expressed satisfaction that bilateral economic cooperation between the two countries has experienced dynamic growth as well as discussing issues of common concern. Prime Minister Putin stated that despite the global financial and economic crisis the level of commodity circulation between Armenia and Russia had risen by 10% and that it now totals $900 million. Prime Minister Putin also pointed out that during his meeting with Armenian President Serzh Sargsyan at the Davos Economic Forum he presented Russian assistance plans to Armenia and that the stabilization loan of $500 million to Armenia will soon be transferred. Prime Minister Sargsyan invited his Russian counterpart to Armenia and Mr. Putin accepted the offer.

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