The commissioning of the new technological block "Albion" at the Ararat gold recovery plant best of all demonstrates the dynamics of the Armenian-Russian cooperation in both the investment field and trade and economic cooperation, Maxim Sokolov, Russian Minister of Transport, Russian Co-chair of the Armenian- Russian Intergovernmental Commission for Economic Cooperation, told journalists on Monday.
He said that it is the second large investment facility being launched in 2014. In March 2014, a plant of medical devices was launched, and today a new plant equipped with advanced technologies is being commissioned, he added. Nearly 250 million USD has been invested in the two projects. The project dynamics also demonstrates the dynamic development of the Armenian-Russian cooperation. In 2013, the growth rates of the Armenian-Russian commodity turnover made up about 10%, and in Jan-March 2014 the growth rates made up 13%.