Kocharian Hails Development Of Armenian-Russian Ties

KOCHARIAN HAILS DEVELOPMENT OF ARMENIAN-RUSSIAN TIES

Russia & CIS Presidential Bulletin
January 29, 2008

Kocharian has discussed bilateral cooperation with State Duma Speaker
Boris Gryzlov.Speaking about a Armenia-Russian partnership, the
Armenian president noted that bilateral economic ties have become
a leading force of Armenian-Russian cooperation, which resulted in
the fact that Russian investments were attracted to various Armenian
industries, the presidential press service told Interfax.

Kocharian also hailed the development of a bilateral partnership in
the energy and transport area.

Gryzlov stressed that according to expert forecasts bilateral trade
will reach $1 billion, the press service said.

The parties also highlighted the importance of an agreement signed
between United Russia and Prosperous Armenia and the Armenian
Republican Party, which promotes a more practical and systematic
cooperation between the political parties of the two countries.