Pashinyan calls on Russian businessmen to make investments in Armenia

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The Armenian PM repeated his statement that the relations of the two countries must be developed independently from geopolitical factors.

Pashinyan confirmed, in turn, that Russian Federation and Armenia are strategic partners: "We are determined to give a new impetus to these relations in political, as well as trade and economic areas".

He said Armenian-Russian relations will become stronger and meetings more effective. "I think that relations will evolve in a positive way", he said.

"I am calling on all Armenian and Russian businessmen from Sochi and Russia to travel to Armenia, make investments and create jobs", he said.

The Russian president stressed that Moscow "views Armenia as its closest partner and ally in the region" in terms of both economic cooperation and security issues.

The appointment ended weeks of street protests led by Pashinyan against the election of Serzh Sargsyan, Armenia's president for the past 10 years, to the premiership office.

Pashinyan stressed that the protest actions in Armenia were due exclusively to internal problems of the country, and protesters did not make any demands concerning the country's foreign policy.

House Intelligence Committee Ranking Democrat Adam Schiff (D-CA), who also serves as Vice-Chair of the Congressional Armenian Caucus, congratulated Prime Minister Pashinyan and noted, "After a turbulent period of mass protests and political upheaval, Armenia has emerged with a new government and new hopes for the future".