President of the Russian Federation Vladimir Putin will meet with Armenian president Serzh Sargsyan in Moscow to discuss prospects of interaction between Armenia and the Customs Union and the Common Economic Space of Russia, Belarus and Kazakhstan, Russian presidential aide Yuri Ushakov said on Monday.
As it was reported earlier, the meeting of the countries' presidents will be held on Tuesday in Moscow. The presidents will discuss interaction in political, trade, economic, energy and humanitarian spheres.
"It is also planned to discuss the development of integration processes within the CIS. In particular, the prospects of interaction between Armenia and Customs Union and Common Economic Space of Russia, Belarus and Kazakhstan, current issues of multilateral cooperation within Collective Security Treaty Organization," Ushakov said.
He noted that Russia is Armenia's leading foreign economic partner (its share of the foreign trade balance is 23.5 per cent). Positive dynamics are also observed in investment sphere.
"It is assumed that the serious topic of the negotiations will be the issues of ensuring security and stability in Transcaucasia, including further steps on settlement of Nagorno-Karabakh conflict," Ushakov added.
The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. Armenian armed forces have occupied 20 per cent of Azerbaijan since 1992, including the Nagorno-Karabakh region and seven surrounding districts.
Azerbaijan and Armenia signed a ceasefire agreement in 1994. The co-chairs of the OSCE Minsk Group, Russia, France and the U.S. are currently holding peace negotiations.
Armenia has not yet implemented the U.N. Security Council's four resolutions on the liberation of the Nagorno-Karabakh and the surrounding regions.
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