Armenian Prime Minister Tigran Sargsyan received a delegation headed by Igor Makarov, Chairman of the Board of Directors of ITERA Oil and Gas Company.

Welcoming the guests Prime Minister expressed content with existing cooperation stressing importance of implementation of programs aimed at further expansion of relations.

The sides discussed prospects for new directions in expansion and deepening of investment programs.

Igor Makarov noted the organization contributes to development of cycling in Russia. In this context the sides touched upon a concept of construction of a sport complex on the shore of Lake Sevan, project which was approved by the Armenian Government.