Kazakhstan is ready to expand bilateral cooperation with Armenia. Newly appointed Republic of Kazakhstan ambassador to Armenia Altynbek Sarsenbayuli stated it while handing his credentials to Armenian President Robert Kocharian. The Armenian leader noted that in spite of the existing potential the level of goods turnover between the two countries still was not high. Speaking of the possible spectrum of economic cooperation, the interlocutors noted that today the branches, in which the transportation factor did not dominate, might be the most realistic. The importance of activation of direct contacts between the business circles of the two countries was also emphasized.