RUSSIA SUGGESTED ARMENIA TO EXTEND TERMS OF PASSING ARMENIAN ENTERPRISES TO RUSSIA INSTEAD OF DEBTS

The Russian government has proposed to extend the terms of passing Armenian property to Russia for paying off the state debt. According to a decree of the Russian government, the final date for passing a number of Armenian enterprises to the Russian party to pay off the Armenian debt to Russia is put off from April 5 to September 5, 2003.