The Armenian-Russian relations have bright past, bright present and bright future, Armenia's Prime Minister and President-elect Serzh Sargsyan told Rossiyskaya Gazeta.

"I am glad to see that the commodity turnover between our states has increased several times. Russia is one of Armenia's major investors. Well-known Russian companies are engaged in various sectors of our economy. Our political relations are also on a high level," he said.

"The Armenian-Russian strategic partnership meets interests of both Yerevan and Moscow. There is also potential for cooperation in educational and cultural fields," he said.