Russian President Vladimir Putin and his Armenian counterpart Robert Kocharian met in Sochi yesterday to discuss trade and regional issues.
At a joint news conference after the talks, Putin said there were no unresolved problems in bilateral relations, while Kocharian said he hoped cooperation would expand further.
Putin also told Kocharian that Russian investment in Armenia, which currently stands at some $800 million, would soon double.
Putin aide Sergei Prikhodko said earlier that Russia and Armenia had found new ways of cooperation in nuclear energy, including Russia's participation in the exploration of uranium deposits in Armenia, oil processing, and building new railway lines.
On the issue of Nagorno-Karabakh, Kocharian said he saw little ground for being optimistic about a quick resolution, but said both sides were committed to OSCE-mediated peace talks over the disputed, mostly ethnic Armenian territory within Azerbaijan.
Copyright (c) 2006. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036. www.rferl.org
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