After a meeting Armenian prime minister Serzh Sergsyan in Yerevan on November 13, Bulgarian Prime Minister Sergei Stanishev announced that Armenia would receive financial support from Bulgaria as an EU member state, a media statement by the Council of Ministers said. Stanishev said he expected Armenia to come up with specific education and professional qualification projects to be financed by Bulgaria.

The two ministers agreed that economic relations between the two countries had great potential and should be developed to match their excellent political relations.

In spring 2008 Bulgaria and Armenia would carry out a session of the Intergovernmental Commission for Economic and Scientific-Technical Cooperation to discuss the obstacles to improve economic relations.

Preparation for a Bulgarian-Armenian business forum to be held in Bulgaria in 2008 began. 2008 would be an year of Bulgarian culture in Armenia.

Five bilateral documents were signed in Yerevan on November 13, among which a readmission agreement, an agreement to create the Intergovernmental Commission for Economic and Scientific-Technical Cooperation, an agriculture and stock-breeding programme. Co-operation in the sphere of youth activities and sports was also negotiated.

On November 14 Stanishev would meet chairman of the Armenian National Assembly Tigran Torosyan and Armenian president Robert Kocharyan. After that he would meet lecturers and students from the Yerevan State University and visit Peyo Yavorov high school as well as the Armenia-Bulgaria friendship society.