Armenia-Russia relations have rich future – Sarkisyan

ITAR-TASS, Russia
March 7 2008

Armenia-Russia relations have rich future – Sarkisyan

07.03.2008, 13.47

MOSCOW, March 7 (Itar-Tass) – Armenian-Russian relations have a rich
future, in the view of Armenian Prime Minister Serzh Sarkisyan who
has been elected President.

`Armenian-Russian relations have a rich past, very good present and
I’ m certain, a rich future,’ the president-elect stressed in an
interview published by the Nezavisimaya Gazeta daily on Friday.

`I’m glad with the fact that over the past five-seven years the trade
turnover between our countries has grown several times. Russia is the
main investor in the Armenian economy. Out of every three dollars
invested in our state by foreign partners one dollar is Russia’s
share,’ Sarkisyan noted. `Russian businesses in Armenia are feeling
very comfortable. Well-known Russian companies work in various
spheres of our economy,’ he said.

Sarkisyan believes that in the sphere of politics the bilateral
relations are also at a very high level: `They are of strategic
partnership nature, which meets both the interests of Moscow and
Yerevan. This is mutually advantageous cooperation.’

At the same time the existing potential of relations between Armenia
and Russia so far is not fully used not only in the sphere of
politics and economy, but also in other spheres, believes Sarkisyan.

Prime Minister Serzh Sarkisyan was elected new President of Armenia,
Armenian Central Election Commission (CEC) Chairman Garegin Azaryan
said on December 20 after 100 percent of ballots were counted.

According to preliminary data, Sarkisyan got 52.86 percent of votes
(863,544 electors). Levon Ter-Petrosyan got 21.5 percent (351,306
people) and Artur Bagdasaryan 16.6 percent (272,256 people).