In Cholpon-Ata, Kyrgyzstan, within the framework of the session of the Eurasian Intergovernmental Council, the meeting of RA Prime Minister Nikol Pashinyan and the head of the Russian government, Mikhail Mishustin, took place.
Mikhail Mishustin first conveyed the warm greetings and best wishes of the President of the Russian Federation, Vladimir Putin, to Prime Minister Pashinyan and noted. "Recently, you have discussed the agenda issues of the relations between the Russian Federation and the Republic of Armenia. We met with you recently in Minsk within the framework of the session of the Eurasian Intergovernmental Council.
Of course, it is necessary to continue the dialogue on current topics on the bilateral agenda and our relations within the EAEU framework. We highly value our friendly, fraternal relations with Armenia, which are based on deep historic and spiritual ties between our peoples. Next week, on August 29, we will celebrate a significant anniversary - the 25th anniversary of the signing of the Treaty of Friendship, Cooperation, and Mutual Assistance, which laid the foundations for allied relations between the Russian Federation and Armenia.
Together with our Armenian partners, we adopt operational decisions to protect our trade and economic cooperation, including in the conditions of illegal sanctions against Russia. We have concrete results. According to the results of the first 6 months of the current year, compared to the same period of the previous year, our mutual trade turnover increased by 42 percent. In absolute numbers, it reached 1 billion 600 million dollars. By the way, this is a record indicator of our mutual trade turnover. As for the investment of Russian capital in Armenia, it reaches 2 billion dollars.
Of course, we want to speed up work on priority projects in transport, industry, and energy. It is essential to create comfortable conditions for business activities to use the opportunities of small and medium-sized businesses effectively. By the way, Armenia does this very effectively in the case of Russian companies; I also hope Russia does the same for Armenian companies. In this regard, the event to be held in Armenia in September with the participation of Russian companies will be a good platform. The delegation will be headed by the Vice-President of the Russian Government, Alexey Overchuk.
We are also working hard to expand the use of national currencies in bilateral trade. I am sure that it will contribute to the growth of our trade turnover and the diversification of its structure, which is very important. We pay immediate attention to the unblocking of economic and transport infrastructures in the South Caucasus, according to the agreement of the leaders of Russia, Armenia, and Azerbaijan.
Our meeting today is held within the framework of the session of the Eurasian Intergovernmental Council. Within the framework of the Union, we are successfully overcoming the consequences of global economic instability. You also mentioned that today. I am confident that together we will be able, first of all, to ensure the stability of the economies of the EAEU countries and, most importantly, to raise the standard of living of our citizens. Thank you."
In his turn, Nikol Pashinyan noted. "Thank you, dear Mikhail Vladimir; I am pleased about our regular meeting. These meetings are essential to us in the context of managing situations that, unfortunately, often arise.
However, there is also good news. The numbers you talked about are a particular result of our work. I remember during my official visit to Russia in April when we met and discussed what we should do together to manage somehow the challenges that have arisen in front of our economies. I am thrilled that today, this conversation is already showing concrete results, particularly for the economy of Armenia. You emphasized how much the trade turnover between Armenia and Russia has increased. I wanted to highlight that I consider this to be a concrete result of our conversations and joint efforts.
I called you recently to thank you for the operational solutions that have been adopted, particularly in the context of crises at the Upper Lars checkpoint. The representatives of Armenia and Russia found very prompt solutions with their Georgian counterparts, which resulted in overcoming the problem.
The high-level political dialogue between Armenia and Russia is effective. Two days ago, in Vladimir Putin's telephone conversation, we also emphasized the importance of the 25th anniversary of the signing of the Treaty of Friendship, Cooperation, and Mutual Assistance between Armenia and Russia. In general, this year is a jubilee year for us. In April, we celebrated the 30th anniversary of diplomatic relations between Armenia and Russia. These days we also have a new jubilee, and I'm sure this one Elyans reflects our relationship's atmosphere. I am confident that despite all the difficulties, we will overcome the problems created for our economies and cooperation. I am happy that today we have the opportunity to discuss the broad agenda of our bilateral relations. As for the Eurasian Economic Union, we discussed everything in detail in a small group, and I think we came to constructive solutions."