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"Presence Of Russian Military Base In Armenia Is Within The Interest

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  • "Presence Of Russian Military Base In Armenia Is Within The Interest

    "PRESENCE OF RUSSIAN MILITARY BASE IN ARMENIA IS WITHIN THE INTERESTS OF OUR SECURITY", SERZH SARGSYAN SAYS

    Mediamax
    Aug 8 2012
    Armenia

    Yerevan/Mediamax/. Russian President Vladimir Putin said that Moscow
    and Yerevan face the issue of working out a plan for developing
    relations in the economy sphere till 2020.

    RBK reports that the Russian President said this in Moscow during the
    meeting with his Armenian counterpart Serzh Sargsyan today. Vladimir
    Putin said that the task is given to the Armenian-Russian
    Intergovernmental Commission which next session is going to be held
    in autumn 2012.

    According to Putin, Russian-Armenian economic ties develop "quite
    well" - over 2011, the trade turnover made USD 1bln and the growth
    of the index made 32% as of the first half-year. In his turn, Serzh
    Sargsyan expressed the opinion that within next 2-3 years, the trade
    turnover between Russia and Armenia may be doubled or even tripled.

    The Armenian President noted that military and military-technical
    cooperation between the two countries is revving up. He recalled
    that the terms of stay of the Russian military base in Armenia were
    prolonged in 2010.

    "We think the stay of the Russian military base in Armenia is within
    the interests of our security", said Serzh Sargsyan adding that
    Armenia will host CSTO exercises in autumn.

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