March 24, 2008 - 18:05 AMT
Yuri Luzhkov: Moscow among Armenia's major partners
Last year the commodity turnover between Moscow and Armenia increased by 65 per cent, Moscow's Mayor Yuri Luzhkov said at a meeting with Armenia's President-elect Serzh Sargsyan.

"In the initial half of 2007 the turnover amounted to $70,5 million, increasing by 65 per cent during the year," he said, adding that Moscow is one of Armenia's major partners.

"We opened the House of Moscow in Yerevan where entrepreneurs can get all necessary information for establishing their business in Armenia. A new wholesale center will open in Moscow soon. A new Armenian Church will be built," the Mayor said.

He also congratulated Serzh Sargsyan on election President of Armenia, wished him every success at the post and voiced hope for further development of the Armenian-Russian strategic partnership, Novosti Armenia reports.