A woman walks past an electoral poster announcing upcoming Russian presidential election on a bus station in downtown Moscow on January 10, 2018. (AFP PHOTO)

MOSCOW, Feb. 1 (Xinhua) -- Russia is ready to receive observers from the Organization for Security and Cooperation in Europe (OSCE) to monitor the presidential election in March, Russian Foreign Minister Sergey Lavrov said Thursday.

"The OSCE has established working contacts with the (Russian) Central Election Commission and all issues concerning the monitoring have been coordinated," Lavrov said after talks with his Italian counterpart Angelino Alfano.

Angelino Alfano currently chairs the OSCE, the largest regional security organization.

A mission of 80 long-term OSCE observers and 420 short-term observers will start monitoring the pre-election environment and preparations for the March presidential election on Feb. 5, according to Russia's Tass news agency.

Russia expects the election monitoring mission and Parliamentary Assembly of the OSCE to closely cooperate with other observers invited for the election, including representatives of the Commonwealth of Independent States and the Collective Security Treaty Organization, Lavrov said.

Russia is also interested in enhancing cooperation with the OSCE in fighting against terrorism, drug trafficking and cybercrime, the minister said.