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EU ALLOCATES EUR 32MLN TO ARMENIA FOR CIB PROGRAM
PanARMENIAN.Net
November 26, 2010 - 16:48 AMT 12:48 GMT
On November 26, a Memorandum of Understanding and a Framework Document
between the EU and the Republic of Armenia was signed on November 26,
2010, which commits both sides to cooperate fully in the efficient
and effective implementation of the Comprehensive Institution Building
(CIB) Program.
The Memorandum was signed by the Armenian National Coordinator of
the CIB Program, Minister of Economy Nerses Yeritsyan and the Head
of the EU delegation to Armenia, Raul de Luzenberger on behalf of
the European Commission.
EU contribution to Armenia with this program will be EUR 32mln.
Mr. Yeritsyan said that the three principal reform challenges to be
addressed through the CIB are: preparing for the negotiations on
Association Agreements (AA), negotiating and implementing the AA;
supporting to the justice, liberty and security sector; preparing for
the negotiation of the Deep and Comprehensive Free Trade Agreements
(DCFTA).
The Armenian Minister said that, as a democratic state, Armenia will
need to implement reforms to ensure free movement of people, capitals
and goods on its way to European integration.
Raul de Luzenberger noted for his part that a new working stage
is launched. "Our cooperation is basically aimed at strengthening
these structures for preparing for the AA," he said, adding that it
is Armenia's decision to have a new structure of economy, while the
EU can only provide the required assistance.
From: A. Papazian
PanARMENIAN.Net
November 26, 2010 - 16:48 AMT 12:48 GMT
On November 26, a Memorandum of Understanding and a Framework Document
between the EU and the Republic of Armenia was signed on November 26,
2010, which commits both sides to cooperate fully in the efficient
and effective implementation of the Comprehensive Institution Building
(CIB) Program.
The Memorandum was signed by the Armenian National Coordinator of
the CIB Program, Minister of Economy Nerses Yeritsyan and the Head
of the EU delegation to Armenia, Raul de Luzenberger on behalf of
the European Commission.
EU contribution to Armenia with this program will be EUR 32mln.
Mr. Yeritsyan said that the three principal reform challenges to be
addressed through the CIB are: preparing for the negotiations on
Association Agreements (AA), negotiating and implementing the AA;
supporting to the justice, liberty and security sector; preparing for
the negotiation of the Deep and Comprehensive Free Trade Agreements
(DCFTA).
The Armenian Minister said that, as a democratic state, Armenia will
need to implement reforms to ensure free movement of people, capitals
and goods on its way to European integration.
Raul de Luzenberger noted for his part that a new working stage
is launched. "Our cooperation is basically aimed at strengthening
these structures for preparing for the AA," he said, adding that it
is Armenia's decision to have a new structure of economy, while the
EU can only provide the required assistance.
From: A. Papazian