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Eur 100mln To Be Allocated To Armenia To Implement Events On Armenia

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  • Eur 100mln To Be Allocated To Armenia To Implement Events On Armenia

    EUR 100MLN TO BE ALLOCATED TO ARMENIA TO IMPLEMENT EVENTS ON ARMENIA-EU PROGRAM

    ARKA News Agency, Armenia
    July 19 2007

    YEREVAN. July 19. /ARKA/. To implement the program of priorities
    and events on the program Armenia-EU, EUR 100mln will be allocated
    to Armenia within the coming five years, said RA Minister of Trade
    and Economy Nerses Yeritsyan when presenting the government-approved
    list of priorities and events for 2007 within the program Armenia-EU
    of the European "New neighborhood" policy.

    "These means will be allocated fully as grant. The further financing
    will depend on the speed of implementation of the work," he said.

    He said that the Government's decision defines three main directions
    for 2007.

    "First of all, the schedule of events is approved, which will
    become basis for the implementation of concrete events for all
    the departments, second, the events should correspond to the RA
    Government's Action program for 2008-2012. Third, quarterly monitoring
    system for program execution should be implemented," he said.

    Yeritsyan said that the program of events covers all spheres of
    state activity, in particular, political, financial, social, and
    education sphere.

    "This is a long-term program and due to it we will be able to implement
    advanced European experience in Armenia and get financial assistance
    for institutional changes. In particular, technical assistance will
    be rendered as well as exchange of experience with similar European
    structures," the Minister said. He informed that these events
    will give a chance to establish direct communication with European
    structures.
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