Pravda.ru

News » Economics

Armenia Fully Pays off Debts to Russia

06.11.2002 | Source:

Pravda.Ru

 

Armenia has fully paid off her debt to Russia, which totaled about USD 100 million. According to the government's press department, this was announced yesterday by Russian Prime Minister Mikhail Kasyanov at the end of Russian-Armenian intergovernmental talks. In order to pay off her debt, Armenia gave Russia the following enterprises: the Mars metal firm, the Razdan Power Station, the Yerevan Materials Research Institute, and the Yerevan Research Institute for Systematized Control Systems.

According to Kasyanov, all technical and organizational questions related to these enterprises will be resolved by April 2003. 'We believe that the potential of these enterprises will be fully realised in programmes that exist in Russia and that the enterprises themselves will be integrated into the country's production sphere,' he stressed.

 







Popular photos


Most popular

Russia refuses to take part in world's largest air show
Russia refuses to take part in world's largest air show
Russia's state-run space corporation Roscosmos has refused to take part in Farnborough Air Show 2016. The air show, held in the UK, is considered the largest aerospace show in the world
Russia unexpectedly loses India and Vietnam
Russia unexpectedly loses India and Vietnam
Washington has lifted the ban on the sale of lethal weapons to Vietnam. Analysts believe that the latest move of the US administration reflects the concerns about the growing military influence of...
Рейтинг@Mail.ru Rambler_s_Top100_Service