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Armenia-Russia Commodity Turnover Increased 65% In 2007

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  • 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.
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