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Armenia, EU not to initial association agreement - joint statement

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  • Armenia, EU not to initial association agreement - joint statement

    ITAR-TASS, Russia
    November 29, 2013 Friday 04:51 PM GMT+4


    Armenia, EU not to initial association agreement - joint statement

    VILNIUS November 29

    - Armenia and the European Union will not initial an association
    agreement because the South Caucasian state has taken on new
    international commitments, reads a joint statement of Armenia and the
    EU adopted on Friday.

    "The EU and Armenia acknowledge that they have completed negotiations
    on an Association Agreement, including a Deep and Comprehensive Free
    Trade Area, but will not proceed with its initialling due to Armenia's
    new international commitments. They agree on the need to update the
    EU-Armenia ENP Action Plan," the document says.

    The commitments include Yerevan's decision voiced by President Serzh
    Sargsyan to join the Customs Union of Russia, Belarus and Kazakhstan
    and to enter the Eurasian common economic space.

    "The EU and Armenia enjoy close links and reconfirm their commitment
    to further develop and strengthen comprehensive cooperation in all
    areas of mutual interest within the Eastern Partnership framework,"
    the statement said.

    "Based on common values, both sides are committed to further
    cooperation aimed at the continuous improvement of democratic
    institutions and judiciary, the promotion of human rights and rule of
    law, good governance, the fight against corruption, the strengthening
    the civil society, the further improvement of the framework for
    enhanced trade and investments, the continued implementation of the
    mobility partnership and increased sectoral cooperation," it reads.

    Along with this, "based on their common endeavour to build upon the
    existing framework of cooperation, the EU and Armenia stress the
    importance of revisiting the basis for their relations," the joint
    statement between Armenia and the European Union says.



    From: Emil Lazarian | Ararat NewsPress
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