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Serzh Sargsyan thanked for a $500 million loan
05.07.2009, 11:28:05
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On June 4 the President of Armenia, Serzh Sargsyan, had a meeting with the President of the Russian Federation, Dmitry Medvedev. This was the 16th meeting between the two Presidents after Serzh Sargsyan assumed office.

During a conversation in an atmosphere of full understanding the parties discussed issues related to the cooperation between two strategic partners, as well as a number of questions on the regional and international agenda.

Russian President Dmitry Medvedev assessed the frequent meetings with Serzh Sargsyan as useful from the perspective of development of Armenian-Russian cooperation and the development of personal relations.

Expressing gratitude for the invitation to participate in the International Economic Forum in Saint Petersburg, President Sargsyan said the forum acquires a new importance under the global financial-economic crisis.

The Armenian President thanked his Russian counterpart for providing a $500 million stabilization loan.

The interlocutors dwelt on the process of settlement of the Karabakh conflict. "After our last meeting we have been working with our Russian colleagues towards implementations of the agreements reached. The Armenian side has been diligently working with the support of the Minsk Group on the settlement of the Karabakh conflict, searching for ways that would allow the people of Nagorno Karabakh to live safely in their homeland and determine their own future," President Sargsyan stressed.

The parties discussed the issues connected with the further expansion of the Armenian-Russian economic cooperation, and turned to the strategic cooperation within the Collective Security Treaty Organization and the creation of coalition forces.

Later the Presidents of Armenia, Russia and Azerbaijan had supper, during which they discussed the peaceful settlement of the Karabakh issue.

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