Thursday, November 2 2017 14:47
Ani Mshetsyan

Karen Nazaryan: Comprehensive framework agreement between Armenia and EU will attract new investments and contribute to business development

ArmInfo. "The new framework agreement between Armenia and the EU is comprehensive and quite ambitious," Deputy Foreign Minister of Armenia Karen Nazaryan said at a joint meeting of the parliamentary commissions on European integration and financial-credit and budget issues on November 2. The agreement is scheduled to be signed on November 24 in Brussels.

He noted that according to the document, it is planned to strengthen the political dialogue between Yerevan and Brussels and create a solid basis for social and economic reforms, as the commitment to democracy and human rights underlies this document. Nazaryan noted that this agreement is a joint initiative that will strengthen bilateral relations more. "The agreement will help strengthen partnerships in energy, transport and the environment, which is in the sphere of interests of our fellow citizens," Nazaryan said.

According to the deputy minister, the agreement will help develop cooperation in trade relations, it is expected that it will improve the business environment, there will be new investments that will serve as a basis for creating new jobs.

As for the timing of the signing of the agreement, according to Nazaryan, the head of state has already said that Armenia is ready to sign it on November 24. And the European side has repeatedly stressed that everything is done to ensure that the treaty was signed on time.

It should be noted that on October 24 the head of the EU Delegation to Armenia Petr Svitalsky stated that all the necessary steps are being taken to sign an agreement on a comprehensive and expanded Armenia-EU partnership at the Brussels summit of the Eastern Partnership in November.

Armenian President Serzh Sargsyan stated that on November 24 this agreement will be signed, but recently there was a point of view that the terms will have to be postponed due to bureaucratic delays.

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