Russian President Vladimir Putin started the meeting with his Armenian counterpart Robert Kocharian. Putin expects that investments of Russian companies to the economy of Armenia will increase. He stated it, when opening the meeting. “Russia is on shameful third place on investment into Armenian economy,” the Russian leader said. “I say shameful, as it is strange that Russia is not the first on investment into the economy of its strategic partner,” he explained. “However, trade increases and within 8 months it made 60%,” Putin added.
In his turn Robert Kocharian reported that all arrangements between Yerevan and Gazprom are being implemented. “All serious agreements on energy projects are entering the phase of implementation,” he said. He noted Russia’s record of being the third on capital investment volume should be changed. “I do not doubt it will change next year considerably,” Kocharian said. He also reported that the practical implementation of a project of ArmenAl – one of the largest enterprises in the region – was launched a few days ago, reports ITAR-TASS.
