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Armenia To Get 157.3 Million Euro Within ENPI

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  • Armenia To Get 157.3 Million Euro Within ENPI

    ARMENIA TO GET 157.3 MILLION EURO WITHIN ENPI

    PanARMENIAN.Net -
    April 6, 2010 - 14:58 AMT 09:58 GMT

    EU Commissioner for Enlargement and European Neighborhood Policy Stefan
    Fule and RA Minister of Economy Nerses Yeritsyan signed a Memorandum
    of Understanding regarding the National Indicative Program 2011-2013
    for Armenia.

    On March 2, 2010, the European Commission based on bilateral
    negotiations with the Republic of Armenia adopted the National
    Indicative Program 2011-2013, which foresees an indicative allocation
    of 157.3 million euro from the European Partnership and Neighborhood
    Instrument (ENPI). This includes a minimum of 32 million euro earmarked
    for the Comprehensive Institution Building program and a minimum
    of 7 million euro reserved for the Cohesion Policy. The assistance
    will focus on three priority areas - democratic structures and good
    governance; trade and investment, regulatory alignment and reform;
    Socio-economic reform and sustainable development.

    The principle objective of the EU-Armenia cooperation is to develop
    an increasingly close relationship between the EU and Armenia, going
    beyond past levels of cooperation to deeper political cooperation
    and gradual integration.
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