YEREVAN.- There are no political problems in Armenian-Czech relations, and the views of the two countries coincide by 95 percent, Czech FM said in Yerevan.

The lack of political problems underscores the importance of developing economic relationship, Karel Schwarzenberg said during a press conference on Thursday.

“Relations in the field of economy are not sufficiently developed. We must use the existing potential,” he said. In this context, Minister noted attractive geographical location of Armenia which opens up opportunities for cooperation in many areas.

In his turn, the acting Armenian Foreign Minister Edward Nalbandian said that in five years since the last visit of his Czech counterpart to Yerevan, over a dozen meetings in Prague and within the framework of international agencies was held.

Speaking about Armenian-Czech business forum held within the framework of Schwarzenberg’s visit, head of the Armenian foreign office said he was pleased that the Minister is accompanied by a delegation of businessmen.

“Business forum will provide a good opportunity to establish direct contacts. There is significant potential for the development of economic relations,” he said.

Edward Nalbandian noted the number of bilateral documents have exceeded two dozen. The countries also exchanged diplomatic missions.

“During the meeting we discussed regional and international issues. I informed my counterpart about the current stage of the negotiation process on Nagorno-Karabakh conflict,” Nalbandian said.

Negotiations will continue during a working lunch.