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Prime Minister Of Armenia Tigran Sargsyan Will Participate In The 23

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  • Prime Minister Of Armenia Tigran Sargsyan Will Participate In The 23

    PRIME MINISTER OF ARMENIA TIGRAN SARGSYAN WILL PARTICIPATE IN THE 23RD MEETING OF THE EURASEC INTERGOVERNMENTAL COUNCIL TODAY IN MOSCOW

    ArmInfo
    2009-06-09 09:58:00

    ArmInfo. Today, the meeting of the EurAsEC Intergovernmental Council
    and Supreme Body of the Customs Union starts its work in Moscow today
    at the level of prime ministers. Armenia takes part in the meeting
    as observer. The Armenian delegation is headed by Prime Minister of
    Armenia Tigran Sarkisyan.

    As ArmInfo special correspondent reports, the delegation comprises
    David Sargsyan, Chief of the Governmental Staff, Tigran Davtyan,
    Finance Minister, Armen Movsisyan, Minister of Energy and Natural
    Resources, Shavarsh Kocharyan, Deputy Foreign Minister, Karine
    Minasyan, member of Armenian Central Bank Board and others officials.

    As expected, the tight meeting of the heads of delegations will be
    held at 1:00 PM by local time, and the extended meeting - at 2:00
    PM. Document signing is envisaged at 3:00 PM, and a working dinner
    on behalf of the Russian Prime Minister Vladimir Putin will be held
    at 4:00 PM. PM of Armenia will meet the Russian businessmen of the
    Armenian origin in Armenia's Embassy in Moscow at 5:00 PM.

    Meanwhile, as the Russian government press service reported, attention
    at the meeting in the format of EURASEC (Russia, Belarus, Kazakhstan,
    Kyrgyzstan, and Tajikistan) will be focused on stepping up collective
    anti-crisis efforts in the trade and economic fields. n particular,
    those present are to approve a plan for the implementation of
    joint measures to overcome the consequences of the world financial
    downturn' . A Treaty on the establishment of an Anti-Crisis Fund
    (ACF), as well as an Agreement with the Eurasian Development Bank
    on the management of ACF resources will be signed, with Armenia's
    participation. It is supposed that the ACF will begin to function
    later this year. Its resources will be used to grant sovereign loans
    and stabilization credits to the member- countries, as well as to
    finance interstate investment projects. Russia's share constitutes
    the bulk of the authorized capital of the ACF - $7,500 million out of
    $10,000 million. According to the press service, besides, the EurAsEC's
    Center for High Technologies (CHT) is to begin its work in 2009. The
    main goal of the CHT is to promote the development of scientific,
    technical, and innovations-related activities. A Concept of CHT
    Founding and CHT Regulations are also meant to be endorsed at the
    EurAsEC Interstate Council meeting". It is also planned to consider
    the EurAsEC's budget performance in 2008, as well as a draft budget
    for 2010 and the Interstate Councils' draft Budgetary Message entitled
    'On Budgetary Policy for 2010'. These documents provide for a rise
    in the efficiency of budget allocations within the EurAsEC framework.

    A number of documents are to be adopted and immediate tasks aimed
    at establishing a Customs Union in the three-country format are to
    be mapped out within the scope of the Supreme Body of the Customs
    Union with the participation of Russia, Belarus, and Kazakhstan. The
    documents to be adopted include an Agreement on a Procedure for the
    Introduction and Application of Measures Concerning Foreign Trade in
    Commodities, within a common customs territory with regard to third
    countries, and an Agreement on Licensing Rules, the press service
    said. The above-mentioned accords are called upon to strengthen
    the legal regulatory framework of the Customs Union and create
    the necessary conditions to bring it into operation on January 1,
    2010. The Russian government press service pointed out that the
    forthcoming events within the formats of EURASEC and the Customs Union
    are expected to promote an acceleration of integrational processes
    and step-up of joint efforts to minimize the negative impact of the
    global downturn on the economies of the member-states.

    From: Emil Lazarian | Ararat NewsPress
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