The Government delegation visited the Verkhnechonskoye and Talakanskoye oil and gas condensate deposits, and attended the groundbreaking ceremony for a school in Vitim.

"Our cooperation is developing and is becoming more and more diversified. Already the main areas in the economic sphere have been identified: they are energy and mining. Early Russian investments are flowing into Venezuela. A Venezuelan company has been bought by a Russian investor."

"Under the Federal Targeted Programme we have allocated considerable resources to develop the key sections of the state border. The creation of the border infrastructure in the North Caucasus, where the terrorist threat is particularly high, has practically been completed. Seventy-two border posts, seven border offices, housing and social amenities have been built there from scratch. I deliberately give you the figures to emphasise the scale of the work done - it is very large."

According to the First Deputy Prime Minister, the Ministry of Transport jointly with the Governments of Moscow and the Moscow Region have prepared a programme for the development of the transport infrastructure in Moscow and the region until 2015.

“In addition to significant state investments, we also expect to see considerable contributions from private investment. The Russian nuclear power industry is now open for interaction, both with Russian businesses and with foreign capital,” he said.

The two sides noted the positive trends and progressive development of trade and economic relations between the two countries naming the Intergovernmental Economic Commission and the Russian-Canadian Business Council as its main instruments.

"I am glad to note that after the presidential elections in Armenia we see total continuity of the policy with regard to Russia. I would like to assure you that on our part, on the part of the Russian Government, all the programmes projected are being fulfilled and will continue to be fulfilled."