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Russian and Armenian Presidents Vladimir Putin and Serzh Sargsyan noted the positive dynamic in Russian-Armenian cooperation in political, trade, economic, cultural, humanitarian, military and political fields, says the statement issued by Kremlin

In a statement adopted after the Tuesday meeting, Armenian and Russian leaders reaffirmed their commitment to the principles laid down in the Treaty of Friendship, Cooperation and Mutual Assistance between the Russian Federation and the Republic of Armenia and the Declaration on allied relations between the Russian Federation and the Republic of Armenia.

The leaders confirmed their determination to develop economic integration processes in the Eurasian space, expressing the countries’ readiness to practical implementation of existing bilateral projects aimed at modernizing and diversifying the economy of Armenia and strengthening energy security.

The presidents noted the importance of the activities aimed at extending exploitation of the Armenian NPP, as well as construction of a new nuclear power plant. An agreement on energy supplies from Russia to Armenia has been reached.

They underscored importance of continuing joint efforts aimed at implementation of infrastructure projects, including railway as well as construction of new logistics and communication routes.

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