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Russian, Armenian presidents-elect vow to enhance ties, boost co-op
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08:58, March 25, 2008

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The Russian and Armenian presidents-elect, Dmitry Medvedev and Serzh Sargsyan, pledged Monday to enhance bilateral relations and further cooperation, the Itar-Tass news agency reported.

"Armenia is ready to continue developing relations with Russia in every direction," said Sargsyan, who met with Medvedev Monday in the Kremlin during his visit to Moscow.

This is Sargsyan's first foreign visit after winning the presidential election on Feb. 19. He will also meet Russian President Vladimir Putin and Prime Minister Viktor Zubkov.

"We hope that after the inauguration, we will be able to continue the traditional dialogue aimed at the consolidation of our ties," said Sargsyan.

"We are ready to build relations on the basis of the existing arrangements and develop cooperation," said Medvedev, suggesting that the two sides should discuss now what they will be doing for the future of Russian-Armenian relations.

The intensity and fruitfulness of contacts confirms the interest of both sides to ensure the continued development of the mutually beneficial partnership between Moscow and Yerevan, Itar-Tass reported, citing a high-ranking Kremlin source.

"The accumulated amount of Russian investment in Armenia's national economy has approached the important frontier of 1 billion U.S. dollars in 2007," the source said.

Source:Xinhua



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