Sum of Russian loan to Armenia “to become clear upon conclusion of talks”

23.01.2009 | 15:09 Home / News / News /

Yerevan /Mediamax/. Armenian delegation is in process of talks in Moscow on loan allocation, Chairman of the Central Bank (CB) of Armenia Artur Javadyan stated in Yerevan today.

Mediamax reports that the Head of the Central Bank did not name the supposed sum of the loan, noting that “everything will become clear upon conclusion of talks”.

On January 22, Vice-Prime Minister, Minister of Finance of Russia Alexei Kudrin stated that Armenia had turned to Russia for a stabilization loan to mitigate consequences of the global crisis. “Now we are in the process of talks with Armenia”, he stated.

The Minister of Finance of Armenia Tigran Davtyan confirmed the given information, adding that Armenia is in process of talks with Russia, with the World Bank, Asian Development Bank and European Bank for Reconstruction and Development (EBRD) on attracting a stabilization loan at the total sum of “a few hundred million dollars”.

“U.S. Ambassador sits in the Armenian FM’s office every day”

Member of Expert council of “Russian entrepreneur” Fund Konstantin Cheremnikh made a quite original interpretation of Armenia’s relations with the USA and Russia.

Mediamax reports that the transcript of the joint session of state-patriotic club of “United Russia” Party and “Russian Entrepreneur” Fund evidences the fact.

According to the transcript, speaking at the session, Konstantin Cheremnikh stated:

“Diplomats from Armenia told me how the activities of Russian and U.S. Embassies in Armenia differ. The U.S. Ambassador sits in the office of the Armenian Foreign Minister every day. He comes, a close, good-natured family man, asks about the family, about children, he knows everything, everything is interesting for him. The Russians, they say, on the contrary; they will come running, will sign the agreement, will conclude the deal and will leave without saying good-bye, and this continues until the next episode takes place, when the necessity to privatize something appear. And such practice is really appreciated exactly when the economic situation starts changing”.

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