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Putin has said Russia will cooperate with Iran in ensuring regional security.
The Bank of Russia says the GDP growth will not exceed 2 per cent this year.
The talks in Moscow this week will build on stepped up high-level meetings to find a resolution.
Russian President Vladimir Putin has admitted that the damage has been severe.
Georgia has long been the ‘pivot of geopolitical rivalry’ between the West and Russia.
Bilateral trade between the two countries stood at $87.5 billion in 2012.
A month-long emergency has been imposed by the interim government in Egypt.
Russian President Vladimir Putin visited Baku to meet his Azerbaijani counterpart Ilham Aliyev.
The modern radar system will strengthen Russia’s security guarantees, according to the president.
The two sides stand divided on approaches to resolving the Syrian crisis.
