RA President Serzh Sargsyan is content with dynamics of cooperation with Kazakhstan, Armenian President told in the exclusive interview with Kazinform news agency.

Presently, Serzh Sargsyan is on a visit to Almaty, participating in an informal summit of the heads of CIS states.

“Armenia and Kazakhstan are the allies within the framework of the Collective Security Treaty Organization. It speaks for itself. There is no higher level of cooperation between the states than the alliance, which assumes mutual obligations in case of a threat to one of the parties. We dynamically develop this cooperation through the formation of Collective Rapid Reaction Forces, development of contractual basis and holding of large-scale joint exercises,” Armenian President said. He expressed confidence that potential of economic cooperation is not used in full. President underlined that in future contacts between both states’ business-communities should be encouraged and comfortable conditions for interaction created.

Serzh Sargsyan recalled that Armenia supported Kazakhstan’s candidature for OSCE presidency in 2010. “In reaching this decision we considered both our alliance within the CSTO, awareness of Kazakhstan on the main problems of South Caucasus region and, certainly, big personal experience of President Nazarbayev,” Sargsyan added.

Commenting on the consequences of global crisis, President outlined that the idea of formation of the EurAsEC Anti-Crisis Fund was proposed in Kazakhstan. “I think our countries made serious efforts to establish the mechanism of such a fund. But given the fact that the crisis will not wait, it is necessary that the activity of the fund become tangible for our economies as soon as possible,” President stated.

A.G.