Armenian-Russian Relations Have Bright Future

YEREVAN, July 21. /ARKA/. RA President Serge Sargsyan is sure of a bright future of Armenian-Russian relations.

“We have a very good common past, present, and I am sure of a bright future of our relations,” S. Sargsyan told a press conference.

According to him, Armenian-Russian relations are as good as relations between two countries can be. The President pointed out that some opponents speaking of problems certainly have the best motives.

S. Sargsyan pointed out statements on a low level of economic relations. However, the 30-40 per cent increase in bilateral trade is the best evidence of the bilateral economic ties.

The RA Statistical Service reports that Armenian-Russian trade turnover had totaled $291.6mln by end of May 2008 (exports totaled $79.7mln, and imports $211.9mln in January-May 2008).

In January-May 2008, Russia’s share reached 14.7% of Armenia’s total foreign trade turnover, which remains the highest indicator as compared with other countries among Armenia’s trade partners.

“We have similar stands on many issues, which simplifies out cooperation within international organizations,” S. Sargsyan said.

The RA President expressed the confidence that RF President Dmitry Medvedev’s planned visit to Armenia will contribute to the consolidation of bilateral relations. –0--