At the first meeting of the joint Russian-Armenian government panel for military-technical cooperation that took place during autumn 2005, Prime Minister Mikhail Fradkov reported that, Russian factories will participate in the Armenian program of military modernization, and that Russia is prepared to supply the necessary spare parts and equipment.
During Russian Prime Minister Mikhail Fradkov's visit to China in November 2005, the Chinese Health Ministry announced that they were sending doctors to Beslan, and offered free medical care to any of the victims who still needed treatment.
Mikhail Fradkov's Second Cabinet (May 2004 - September 2007) was the twelfth cabinet of the government of the Russian Federation, preceded by Mikhail Fradkov's First Cabinet, which followed the cabinet led by Mikhail Kasyanov, who had been dismissed by President Vladimir Putin on February 24, 2004 shortly before the presidential election.
On September 13, 2004, - September 24, 2007, he was Russia's Minister for Regional Development in Mikhail Fradkov's Second Cabinet.
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There had been repeated calls for a more diversified economy under Putin; already in 2005, Putin's Prime Minister Mikhail Fradkov warned about the dependency of the economy on raw material exports, and in 2007 Deputy Prime Minister Sergey Ivanov said that without diversification, the Russian economy will sooner or later face a collapse.