January 29, 2008 - 16:33 AMT
Boris Gryzlov: Russia-Armenia commodity turnover may reach $1 billion in 2008
Armenian President Robert Kocharian met Tuesday with Russian State Duma Chairman Boris Gryzlov. The President congratulated Mr Gryzlov on the victory in the December parliamentary elections.

The top officials stressed the importance of the agreement signed by United Russia Party, the Republican Party of Armenia and Prosperous Armenia Party. They also referred to interparliamentary cooperation within international structures.

President Kocharian noted that economic ties between the two states encourage bilateral cooperation and Russian investments in the Armenian economy.

"According to experts, the commodity turnover between Armenia and Russia can reach $1 billion and will drive the relations to a new level," Mr Gryzlov said, the RA leader's press office said.