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Armenia Commends Cooperation Within CSTO

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  • Armenia Commends Cooperation Within CSTO

    ARMENIA COMMENDS COOPERATION WITHIN CSTO

    ITAR-TASS
    July 12, 2012 Thursday 01:01 AM GMT+4
    Russia

    Armenia "highly appreciates" cooperation within the Collective Security
    Treaty Organisation (CSTO), Armenian parliament speaker Ovik Abramyan
    said after talks with Russian Federation Council Chairperson Valentina
    Matviyenko on Wednesday, July 11.

    "This is acceptable to us and we are expanding our participation in
    the CSTO," he said. "We develop particularly close relations with
    Russia and we will continue to expand and deepen them," he added.

    Abramyan stressed that Armenian-Russian relations "are at a very
    high level" and expressed confidence that Matviyenko's visit would
    "help further enhance" bilateral cooperation.

    Russia plays a key role in ensuring Armenia's security and has a
    leading position in its economy, Armenian Prime Minister Tigran
    Sargsyan said earlier.

    "We are interested to improve these relations further, which is fully
    consistent with our national interests," he said.

    "Over the past 20-odd years we have not only preserved the
    centuries-old friendship between our peoples but we have also enriched
    it with new content and raised it to a qualitatively new level,"
    Sargsyan said, adding, "Strategic partnership between Armenia and
    Russia has crowned this friendship".

    "We give priority among others to diversification of economic
    cooperation between our countries. We are convinced that intensive
    interaction in sectors that build up innovation potential will give
    a boost to our economic cooperation. This will also allow us to fill
    our strategic partnership and allied relations between Russia and
    Armenia with new substance," he said.

    Trade turnover between Russia and Armenia in 2011 had reached one
    billion U.S. dollars.

    The two countries have good prospects in many sectors of the economy,
    primarily in the energy sector, the power industry, atomic energy,
    and many other serious projects.

    There is a big potential in joint development of the agro-industrial
    sector in Armenia.

    "The high level of the political dialogue and mutual desire to
    strengthen our strategic partnership create a very good atmosphere
    for further development of Russian-Armenian relations," President
    Serzh Sargsyan said.


    From: Baghdasarian
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