ID :
193144
Wed, 07/06/2011 - 08:15
Auther :

Russia, Armenia to discuss Nagorno-Karabakh settlement in Moscow

MOSCOW, July 6 (Itar-Tass) - Russian and Armenian foreign ministers -
Sergei Lavrov and Edvard Nalbandyan -- will discuss on Wednesday
approaches to a settlement of the Nagorno-Karabakh conflict as well
expansion of trade and economic relations in Moscow.
The talks of the foreign ministers will be held in the context of the
tripartite meeting of the presidents of Azerbaijan, Armenia and Russia,
held in Kazan on June 24. Such talks have been already held seven times
over the past two years.
According to analysts, the summit has not yielded clear positive
results, since the sides could not reach a compromise decision on some
principled questions of a Nagorno-Karabakh settlement. Nevertheless,
experts believe that it is too early to speak of a full collapse, since
the sides agreed to continue a search for common viewpoints to bring
stands closer together.
Apart from Nagorno-Karabakh, Lavrov and Nalbandyan will discuss
expansion of trade, economic and investment cooperation. According to the
latest data, trade between Russia and Armenia reached one billion US
dollars. Analysts note that Russia confidently takes positions of the
largest foreign investors in the Armenian economy.
The energy, banking, metallurgical and building sectors account for
the main volume of investments. Armenia cooperates with the Rostov,
Samara, Nizhny Novgorod, Sverdlovsk, Volgograd and Yaroslavl regions.

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