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What are the regional developments prompting?

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  • What are the regional developments prompting?

    What are the regional developments prompting?
    By Mher Ohanian

    Yerki/arm
    March 04, 2005

    Talks and declarations about Armenia's European orientation can been
    heard more frequently now, and especially after the statement of the
    European Union's Council of Ministers last June calling for inclusion
    of the three South Caucasus countries (Armenia, Azerbaijan, Georgia)
    into the project "Extended Europe: New Neighborhood."

    What would Armenia gain from joining that project and what are the
    prospects of integrating into the European economic structures?

    Alternatives to the integration

    It is apparent that no country can develop its economy and reach
    prosperity in isolation. Even large countries with rich resources are
    not able to do that let alone small countries with limited resources
    like Armenia.

    However, it is obvious that a mere implementation of a poverty
    reduction strategy project is not enough to have European integration
    ambitions. The European standards are not set solely on the poverty
    reduction requirements, though it plays a great role.

    Becoming a member of the European Union -- even in distant future
    -- means that Armenia should adopt adequate legislation as well as
    mechanisms of its effective implementation, curtail the corruption
    that has reached unbearable sizes, as well as develop human knowledge
    and skills.

    But most importantly, to join the European family of nations, it is
    essential to adopt and respect democratic laws and rules, making them
    a way of life and behavior. Obviously, such orientation requirements
    stem from the European structures and traditions.
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