YEREVAN.—There are all prerequisites for trade turnover between Armenia and Russia to exceed two billion drams, Russian foreign minister Sergey Lavrov said during a meeting with Armenian students.

He said the countries are implementing projects in the areas of industry, transportation, agriculture, energy, finance, noting prospects for the development of relations in IT.

Lavrov pointed to dynamically developing inter-regional cooperation involving Russia’s 70 regions and almost all areas of Armenia, as well as expanding cooperation on education, science, sport and culture.

“Our relations, which have passed the test of time, are strategic. Regular contacts at the highest level give the necessary impetus,” he said.

Lavrov thanked Armenia for the attention Russian language and emphasized the importance of working within UN, CIS, CSTO, Eurasian Union and other agencies. He noted effectives of Armenia’s chairmanship in the Eurasian Union during which relevant agreement with Singapore, Serbia, China, Iran and other countries were signed.