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Armenian-Russian Relations Have Bright Future

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  • Armenian-Russian Relations Have Bright Future

    ARMENIAN-RUSSIAN RELATIONS HAVE BRIGHT FUTURE

    ARKA
    July 21

    RA President Serge Sargsyan is sure of a bright future of
    Armenian-Russian relations.

    "We have a very good common past, present, and I am sure of a bright
    future of our relations," S. Sargsyan told a press conference.

    According to him, Armenian-Russian relations are as good as relations
    between two countries can be. The President pointed out that some
    opponents speaking of problems certainly have the best motives.

    S. Sargsyan pointed out statements on a low level of economic
    relations.

    However, the 30-40 per cent increase in bilateral trade is the best
    evidence of the bilateral economic ties.

    The RA Statistical Service reports that Armenian-Russian trade turnover
    had totaled $291.6mln by end of May 2008 (exports totaled $79.7mln,
    and imports $211.9mln in January-May 2008).

    In January-May 2008, Russia's share reached 14.7% of Armenia's total
    foreign trade turnover, which remains the highest indicator as compared
    with other countries among Armenia's trade partners.

    "We have similar stands on many issues, which simplifies out
    cooperation within international organizations," S. Sargsyan said.

    The RA President expressed the confidence that RF President
    Dmitry Medvedev's planned visit to Armenia will contribute to the
    consolidation of bilateral relations.
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