UN Key To Settling Nagorno-Karabakh Dispute

UN KEY TO SETTLING NAGORNO-KARABAKH DISPUTE

RT
June 24, 2008

Russia and Armenia will cooperate in the settlement of the
Nagorno-Karabakh conflict between Azerbaijan and Armenia and will
co-ordinate their security efforts in the Southern Caucasus. The
Russian and Armenian presidents, Dmitry Medvedev and Serzh
Sargsyan,have signed a joint statement following their meeting in
Moscow on Tuesday.

It says that Moscow and Yerevan are ready to develop "bilateral
military cooperation not targeted at third countries" and stresses
that both countries accept "the key role of the United Nations in
the prevention and peaceful settlements of conflicts".

Economic cooperation was also discussed at the meeting. Both leaders
expect trade between Armenia and Russia to reach billions of dollars
in the next two years.

"It’s in our joint interests to strengthen cooperation and, in
future, to continue increasing investment and to cooperate un the
manufacturing and technology spheres, especially when such powerful
Russian businesses as Gazprom, VympelKom and VTB are successfully
operating in Armenia. We’ve also agreed with Serzh Sagsyan to develop
more big partnership projects," Medvedev said.

Meanwhile, the Armenian President said that both countries will be
looking for new ways to increase the scale of cooperation.

"The main result of the talks is that our dialogue is based on
mutual trust, which fully reflects the high strategic level of our
relations. I am convinced that co-operation in energy, science,
atomic and hi-tech spheres are the most promising directions in our
relations," Sargsyan stated.