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Cooperation With Japan Important For Armenia

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  • Cooperation With Japan Important For Armenia

    COOPERATION WITH JAPAN IMPORTANT FOR ARMENIA

    Arka News Agency, Armenia
    Oct 26 2006

    YEREVAN, October 26. /ARKA/. Armenia attaches importance to the
    development of cooperation with Japan, RA Prime Minister Andranik
    Margaryan stated at his meeting with the newly appointed Japanese
    Ambassador to Armenia Yasuo Saito (residence in Moscow).

    "Armenia's authorities attach importance to consistent development of
    relations with Japan - one of the Asian-Pacific region, considering
    its contribution to stability in the world assistance the developing
    countries," Margaryan said.

    He congratulated Ambassador Yasuo Saito on his appointment, assuring
    him that the Armenian Government will support all his initiatives
    toward Armenian-Japanese cooperation.

    Margaryan added that since Armenia and Japan established diplomatic
    relations in 1992, Japanese Ambassadors have exerted great efforts
    toward the consolidation of friendly relations and development of
    bilateral political, economic and cultural cooperation.

    Margaryan said that Armenia is grateful for Japanese aid both at the
    official level and by means of international financial organizations.

    Margaryan gave assurances that join technical projects and grant
    programs in the cultural and educational spheres, as well as soft
    credit programs in such spheres as agriculture, small and medium
    business, community infrastructure, energy, healthcare are aimed at
    facilitating economic reforms in Armenia.

    The RA Premier singled out the agreement on the allocation of a
    $150mln soft credit for modernization and renovation of the Yerevan
    TPP, welcoming the Japanese Government's intention to implement two
    new grant programs in rural communities.

    Margaryan also pointed out that the development of Armenia's rural
    areas, especially the borderland, is one of the priorities of
    Armenia's economic policy, because the poverty level is relatively
    high in those regions.

    Margaryan pointed out good preconditions for the development of
    bilateral cooperation, pointing out that during a visit paid to Japan
    by an Armenian delegation headed by him in 2005 the sides signed an
    intergovernmental agreement on technical cooperation. An Armenian
    pavilion was also opened at the "EXPO 2005"exhibition in Aichi.

    In his turn, Ambassador Saito pointed out limited natural resources
    and serious intellectual potential as a common feature of both
    countries. He said that effective use of this potential can result
    in great achievements.

    The sides also pointed out the importance of cooperation in the
    international arena.
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