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Armenia, EU Sign New Neighborhood Plan

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  • Armenia, EU Sign New Neighborhood Plan

    ARMENIA, EU SIGN NEW NEIGHBORHOOD PLAN

    Regnum, Russia
    Nov 14 2006

    On November 14, Armenian-EU action program in framework of the
    "new neighborhood" policy was approved and adopted at the seventh
    Armenia-EU plenary session in Brussels, REGNUM correspondent reported.

    Political issues, human rights' protection, as well as energy problems
    were discussed during the meeting. The Armenian side informed on the
    efforts aimed at the diversification of energy sources in the country,
    particularly, construction of Iran-Armenia gas pipeline. Following
    the session, an official ceremony of adopting the Armenia-EU action
    plan took place. At the ceremony, Armenian FM Vardan Oskanyan and the
    Finland's foreign trade minister signed a relevant document. Realizing
    the program suggests an opportunity for Armenia to proceed from
    cooperation with the EU to a higher level of integration, including
    the possibility to enter the EU's domestic market and become part of
    the EU's policies and programs. The action plan suggests establishing
    intensive political, economic, and cultural tiesbetween Armenia and
    the EU.

    The signed document gives Armenia an opportunity to realize a
    comprehensive package of reforms before signing a new agreement of a
    still higher status. Realization of the program will make Armenia's
    social, political, and economical systems more compatible to the
    European ones. Special attention in the action plan is paid to the
    Armenia-EU economic cooperation, particularly, additional financial
    assistance, developing trade and economic cooperation, harmonization of
    economic legislation, constant reduction of trade tariff limitations,
    which is supposed to boost investments, exports, and economic growth.
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