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EURASEC a strong incentive to restore broken ties, Kocharian says

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  • EURASEC a strong incentive to restore broken ties, Kocharian says

    EURASEC A STRONG INCENTIVE TO RESTORE BROKEN TIES, ARMENIAN PRESIDENT SAYS

    ArmenPress
    June 18 2004

    ASTANA, JUNE 18, ARMENPRESS; Speaking at the session of the Inter-State
    Council of the Eurasian Economic Community (EURASEC) that opened
    in Kazakhstan capital Astana today here, Armenian president Robert
    Kocharian said EURASEC is a strong incentive to restore the broken ties
    and build a cooperation of quite a new quality. He said the outcome of
    this cooperation will be higher economic growth rates of its member
    countries and higher living standards of their population. Kocharian
    was speaking, as an observer, an international conference here,
    titled Eurasian Integration-New Development Trends and Globalization
    Challenges.

    According to Armenian president, apart from playing a significant
    role in political and economic stability of this region, EURASEC
    is a weighty component of the regional security. "Having in mind
    the diversity of this region, effective models of inter-ethnic and
    inter-faith dialogue may be developed here," he said, adding that no
    country can conduct an effective economic policy in isolation.

    In a reference to the ongoing political and economic reforms in
    Armenia Kocharian said the great majority of problems, typical of
    all transitional countries, were surmounted. "Armenia's economy is
    shifting toward dynamic and sustainable development and our focus is
    on entrepreneurial initiatives, market mechanisms and competition,"
    he said, citing the latest years' steady economic growth rates of
    12 percent.

    Kocharian also noted that the conflicts in the South Caucasus remain
    major obstacles to development of its countries. "As advocates of
    regional cooperation we believe that deeper economic integration
    processes will help regulate these conflicts and build stability and
    peace," he said. President Kocharian has arrived in Astana to attend
    a summit of heads of states of Collective Security Treaty Organization
    (CSTO).

    The EURASEC session's agenda has about 20 items. These include the
    coordination of positions at the negotiations for accession to the
    World Trade Organization, the implementation of the basic orientations
    of the earlier approved fundamentals of the EURASEC cross-border
    (cooperation) policy, a draft agreement on cooperation on the markets
    of securities, and EURASEC interaction in the development of water
    and energy resources in the catchments areas of the Amu-Darya and
    Syr-Darya rivers.
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