Bachelet will first arrive in St. Petersburg on April 2, and the next day will leave for Moscow to attend the Russian-Chilean business forum. The Chilean president will hold talks with the Russian leadership on April 4.
"The visit will result in signing several documents," Latin American department director Alexander Dogadin said in an interview, adding that Moscow expected "a lot from the visit."
"The Chilean side is preparing for this event very seriously," he said.
A source in the Chilean Embassy in Moscow said the sides are expected to sign agreements on trade, economic, scientific and cultural cooperation.
Last year, Russian-Chilean trade reached $380 million, with Russian exports, mostly machinery, worth $20 million. Chile exports agricultural goods, wine, fruit and seafood.
Chilean Deputy Foreign Minister Alberto Van Klaveren, who visited Russia in December 2008, said Chile was interested in cooperating with Russia in the energy sphere.
"We are very interested in developing energy cooperation with Russia and are ready to conclude agreements on long-term supplies of oil and gas to the country," Klaveren said.
Chile imports almost all of the oil and gas it consumes.
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If attempts to drag Russia into a direct military conflict in Ukraine are successful, it would be a catastrophe for Russia comparable to the 1979-1989 Afghan war. There is no direct evidence that the US is trying to bring about a second Afghan war, but indirect evidence abounds.