YEREVAN, OCTOBER 6, NOYAN TAPAN. More than 70 Russian companies are expected to participate in the second Russian industrial exposition Expo-Russia Armenia to be held at the Government House in Yerevan on October 29-31. Armenian President Serzh Sargsyan will open the exposition, whose aim is to develop economic, scientific-technical and cultural cooperation between Russia and Armenia and encourage joint business. New technologies used in power engineering, machine building, metallurgy, construction, motor-car industry, telecommunication, oil-and-gas industry, nanotechnologies, and high-tech sector will be on display. Among the participants will be such Russian companies as Russian Railways OJSC, Mining Machines CJSC, Yaroslavl Electric Machine Building Plant, Eldin OJSC, and the North Caucasian Aerogeodetic Enterprise. The conference entitled "Russia-Armenia Economic Cooperation", meetings with representatives of ministries and departments, round tables, visits to major enterprises of Armenia will take place during the exposition. The exposition is being organized by Zarubezh-Expo OJSC and Multi Group concern with the assistance of various ministries, departments and branch unions of Russia and Armenia. More than 50 Russian and Armenian mass media outlets are providing indormation support for Expo-Russia Armenia. The first Expo-Russia Armenia was held in Yerevan on October 31-November 2, 2008, with the participation of over 60 companies from 30 Russian regions. Commodity turnover between the two countries is approaching 1 billion dollars. Power engineering is the priority sector of bilateral economic cooperation.

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