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Russian Foreign Ministry: Russian-Armenian Partnership Vigorously De

RUSSIAN FOREIGN MINISTRY: RUSSIAN-ARMENIAN PARTNERSHIP VIGOROUSLY DEVELOPING

ARKA
March 18, 2008

YEREVAN, March 18. /ARKA/. Russian-Armenian partnership vigorously
and comprehensively developed in 2007, Russian Foreign Ministry said
in the report placed on its website.

"Frequent contacts of the two countries presidents spurred political
dialogue. Armenian Prime Minister Serge Sargsyan traveled to
Russia, parliaments maintained ties and foreign ministers exchanged
visits. Mutual interest in strengthening strategic relations has been
confirmed at these meetings", the report says.

The Russian ministry says military cooperation between the two
countries amid ongoing tension in South Caucasus has proved to be
significant for ensuring both countries’ security, southern flank of
the Commonwealth of Independent States and stability in the region.

According to the report, Russia and Armenia have accomplished a great
deal in making their trade and economic ties closer, and Russia has
proven to be the leading economic partner to Armenia.

The report says Armenian-Russian trade turnover has grown more than
60% over the period between January and October 2007, compared with
the same period of the previous year, and reached $623.7 million,
and Russian capital investments totaled about 800 million.

"Yerevan has taken steps for joining International Uranium Enrichment
Center in Angarsk. Obvious progress is seen in organization of
regular trips of Caucasus and Poti ferry ways", the ministry says in
the report.

Progress in is also visible in humanitarian, scientific, sport and
interregional cooperation.

In particular, Yerevan Plaza trade and entertainment center opened
in Moscow and Moscow House in Yerevan.

"Russia and Armenia effectively worked for improving the Commonwealth’s
activity and cooperated within Collective Security Treaty Organization
as well as universal and regional international organizations and
forums", the report says.

At the same time, Armenia, remaining stuck "complementary" foreign
policy, developed its relations with European Union and NATO.

In its report, the Russian Foreign Ministry also stressed the
importance of Yerevan-Moscow partnership development.-0—

Karapetian Hovik:
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