Russia and Armenia sign interregional cooperation programme

24 January 2017

The governments of Russia and Armenia have signed an interregional cooperation programme for 2016–2021, the Ministry of Economic Development of the Russian Federation revealed on Tuesday.

“The programme is one of the ways to implement the agreement between Russia and Armenia regarding the principles of collaboration between the two countries’ regional administrations (governments) signed on September 15, 2001”, commented Russian Minister of Economic Development Maxim Oreshkin.

He also noted that following the signing of the document, the proposals from Russian and Armenian regions would form the basis of an action plan including specific projects aimed at strengthening trade, economic, and investment collaboration between the two countries.

Russia and Armenia are strengthening their collaboration in various areas. On January 24 Russian Prime Minister Dmitry Medvedev announced that Russia and Armenia would focus on collaboration in agriculture. In addition, a document was signed that allows Russians to travel to Armenia using an internal passport.

Moreover, Medvedev signed a decree on Tuesday regarding the protocol negotiations between Rosatom and Armenian institutions on complying with their nuclear and radiation safety obligations.

Furthermore, Russian Minister of Industry and Trade Denis Manturov and Armenian Minister of Economic Development and Investment Suren Karayan discussed the creation of a Russo-Armenian investment fund, the main focus of which would be import substitution and export development.

Back to news