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EU To Allocate 33m Euros To Armenia For Institutional Structures Und

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  • EU To Allocate 33m Euros To Armenia For Institutional Structures Und

    EU TO ALLOCATE 33M EUROS TO ARMENIA FOR INSTITUTIONAL STRUCTURES UNDER EASTERN PARTNERSHIP PROGRAM

    /ARKA/
    September 15, 2009
    YEREVAN

    The European Union is to allocate about 33 million euro to Armenia
    for strengthening of institutional structures in 2011-2013 under
    the Eastern Partnership program, DGRELEX head of unit for Ukraine,
    Moldova, Belarus and South Caucasus John Kjaer said at the presentation
    of the program in Yerevan Tuesday.

    The program has four main directions - free trade, simplification of
    visa regime, cooperation in energy sector and respect for democracy
    principles, Kjaer said. The program envisages deeper bilateral
    cooperation in an expanded format, he said.

    According to Kjaer, the program will facilitate the European
    integration of Armenia.

    An EU expert group is to start working in Armenia by late 2009. The
    group will be studying the market, the legislation, compliance with
    EU-set criteria.

    Eastern partnership initiative with Armenia, Azerbaijan, Belarus,
    Georgia, Moldova and Ukraine as participants was officially launched
    at EU summit in Prague in May.

    The program envisages negotiating over introduction of free trade
    zones, signing of strategic agreements, student exchange programs,
    environmental protection and energy supplies and simplification of
    visa regime.

    The EU has already started simplifying the visa regime with Ukraine
    and Moldova.
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