Armenia-Russia Commodity Turnover Increased 65% In 2007

ARMENIA-RUSSIA COMMODITY TURNOVER INCREASED 65% IN 2007

PanARMENIAN.Net
09.01.2008 15:09 GMT+04:00

/PanARMENIAN.Net/ The Armenian-Russian political dialogue, military,
humanitarian and economic cooperation was continued at a high level.

The Armenian-Russian political dialogue, military, humanitarian and
economic cooperation was continued at a high level in 2007, says the
annual report issued by the Armenian Ministry of Foreign Affairs.

"Armenian and Russian President met in Sochi in January and August
to discuss further cooperation in energy, mechanical engineering,
chemical industry and other fields. Mutual visits of high-ranking
delegations also took place.

Foreign Ministers of Armenia and Russia discussed tendencies of further
development of the Armenian-Russian relations, regional security,
OSCE reformation, Kosovo problem and Karabakh peaceful process.

Bilateral military and political cooperation was also
continued. Armenian Defense Minister Mikael Harutyunyan and General
Staff Chief Seyran Ohanyan paid a formal visit to Russia in June and
October respectively.

In October Russia’s Defense Minister Anatoly Serdyukov visited Armenia
to discuss bilateral military and technical cooperation.

The 9th session of the Armenian-Russian intergovernmental committee
on economic cooperation was held in Yerevan in September.

Russia is one of Armenia’s major trade and economic partners. In 2007
the commodity turnover increased by 65 per cent against the index
of 2006. The amount of Russian investments went up five times,"
the report says, in part.