President of Armenia held a meeting with members of the Public Services Regulatory Commission

ArmInfo. On February 2,  Armenian President Serzh Sargsyan held a meeting with members of the  Public Services Regulatory Commission (PSRC).

According to the message of the press service of Armenian head of  state, Serzh Sargsyan noted that the meeting is due to the fact that  as a result of the constitutional amendments the PSRC becomes an  autonomous body, a new law has been adopted, the status and  requirements for its members are changing.  The President asked the  participants of the meeting what problems occurred during this  period, how the changes affected the current activities of the  Commission and what needs to be done to further improve the quality  of the services provided.

PSRC Chairman Robert Nazaryan said that the work of the Commission in  2016-2017. was aimed at improving the legislative framework,  liberalizing the electricity market, developing interstate trade,  improving regulatory mechanisms, implementing tariff policy,  investment programs. Robert Nazaryan also presented work on improving  regulatory mechanisms in the field of energy, water and electronic  communications, as well as tariff policy.

At the end of the meeting, President Serzh Sargsyan noted that  Armenia's participation in various integration processes gives a new  impetus and quality to the activities of economic entities engaged in  public services. He instructed the Commission to respond to programs  aimed at the economic development and progress of Armenia. The  President called not to be satisfied with the results achieved and  continue to apply the best international experience, improve and  harmonize tools and mechanisms for regulating public services with  modern requirements.

The President also stressed the need to improve the legal framework,  protect the interests of consumers and their direct participation in  the regulatory process.