Blog Highlights

Investment attractiveness of the Russian market for EU countries. INFOgraphics




In 2007, the Russian economy received about $121 billion in foreign investments, nearly 120% more than in 2006. Total investments in Russia amounted to $220.6 billion as of January 1, 2008.


Russian companies in EU markets.



St. Petersburg International Economic Forum offers Russian businessmen an outstanding opportunity to meet their foreign colleagues and helps domestic business enter the world's largest markets


INFOgraphics: http://vid-1.rian.ru/ig/ig.en.pwef3.html

In related news:

Russian Gazprom to invest 200m dollars in Iran-Armenia gas pipeline


June, 2008

Armenia’s Minister of Energy and Natural Resources Armen Movsisyan has said that by the end of 2009, the Russian gas giant Gazprom will invest more than 200m US dollars in the construction of the Iran-Armenia gas pipeline, the Armenian news agency Arminfo reported. After the completion of construction work, Armenia will have access to another alternative gas pipeline along with the current one from Russia and based on the prices that are offered, will decide which of them it should use. Currently, Armenia pays Russian Gazprom 110 US dollars per 1,000 cu.m. of gas, however, the price will change from 1 January 2009, the agency quoted Movsisyan as saying. During his press conference, Armen Movsisyan also touched on the construction of an oil refinery outside Yerevan which will cost two or three billion US dollars. The plant, which will be able to process 7.5m tons of Iranian crude oil per year, will produce petrol and diesel, the agency said. Speaking about energy projects with Iran, the minister mentioned that a joint hydroelectric power station will be constructed on the border river Araz. The construction of the station with a capacity of about 140 MW will be financed by Iran and will cost 240-250m US dollars. The construction work may commence in 2008, the minister said. The minister went on to say that the USA and the EU have allocated 10-12m US dollars to update the security of the Armenian nuclear power plant, Arminfo said. Up to now, technical assistance worth 90m US dollars has been allocated to update the security of the plant, the agency quoted the minister as saying. Armen Movsisyan added that it is planned to build a new nuclear block in Armenia in 2016 when the existing energy block of the nuclear plant expires. Even though Armenian legislation allows foreign investors to own 100 per cent of stocks, the government intends to control half of the project stocks, the minister said. “If the government does not take part in the project, then this project has no real significance for us,” Arminfo quoted Movsisyan as saying. However, the operation of the current nuclear block will not be suspended until the new one is built, the minister said. He noted that the technical feasibility of the new plant will be completed by September, the agency said.

Source: http://www.tehrantimes.com/index_View.asp?code=170176

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New blog commentaries will henceforth be posted on an irregular basis. The comment board however will continue to be moderated on a regular basis. You are therefore welcome to post your comments and ideas.

I have come to see the Russian nation as the last front on earth against the scourges of Westernization, Americanization, Globalism, Zionism, Islamic extremism and pan-Turkism. I have also come to see Russia as the last hope humanity has for the preservation of classical western/European civilization, ethnic cultures, Apostolic Christianity and the concept of traditional nation-state. Needless to say, an alliance with Russia is Armenia's only hope for survival in a dangerous place like the south Caucasus. These sobering realizations compelled me to create this blog in 2010. This blog quickly became one of the very few voices in the vastness of Cyberia that dared to preach about the dangers of Globalism and the Anglo-American-Jewish alliance, and the only voice emphasizing the crucial importance of Armenia's close ties to the Russian nation. Today, no man and no political party is capable of driving a wedge between Armenia and Russia. Anglo-American-Jewish and Turkish agenda in Armenia will not succeed. I feel satisfied knowing that at least on a subatomic level I have had a hand in this outcome.

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