Armenia-Russia commodity turnover increased 65% in 2007

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.