Vladimir Putin said that Armenia's participation in the Eurasian Economic Community (Eurasec) as an observer would be useful.
"It is a positive signal that you regularly participate in the summit meetings of the Eurasec heads of state," Putin said. "I would like to say how satisfied I am that both countries have had such close contacts lately."
"Russian governors are visiting Armenia and the Russia Year celebration in Armenia covers a whole range of bilateral relations," Kocharyan said.
According to the Russian president, the Bolshoi Theatre tour in Armenia was a great success. He expressed the hope that all the events planned for the Year of Russia in Armenia would be very impressive.
Kocharyan said that Russia was holding many events in Armenia and economic projects were a priority.
The Armenian president further said that today's meeting was useful for discussing bilateral relations, especially as a continuation of their conversation in Yerevan.
"I would like to discuss energy issues and specific investment projects," Kocharyan said.
According to him, "the instructions given in the past have been acted upon and relations are developing dynamically." At the same time, the Armenian leader said some issues in bilateral relations needed to be corrected.