The first meeting of Russian-Armenian intergovernmental commission will be held in fall 2012, Russian President said.
“Development of Russian-Armenian economic relations by 2020 and drawing up of a road map will be in the focus of the commission,” RIA Novosti quoted Vladimir Putin as saying.
Russian leader further noted that Transport Minister Maksim Sokolov will head the commission on Russia’s side.
“The trade turnover totaled USD 1 bln. in 2011, increasing by 32% in 2012 first half against last year’s same period,” Putin said.
Armenian President Serzh Sargsyan, in turn, believed doubling or even tripling the current turnover in the years to come possible.
President Sargsyan hailed Russian-Armenian military-technical cooperation, saying, “We extended Russian military base deployment terms in Armenia. Its presence in Armenia is in our security interests.”
He further said that Armenia will host CSTO maneuvers in fall.