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1.5 Billion And Armenia Pre-signs

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  • 1.5 Billion And Armenia Pre-signs

    1.5 Billion And Armenia Pre-signs

    On July 4 the chief Armenian negotiator of the EU-Armenia Association
    Agreement Zohrab Mnatsakanyan assured in Brussels that the agreement
    will be signed during the summit in Vilnius. He underlined the
    importance of institutional capacity and availability of means.

    To put it in more simple terms, Armenia is asking for money and the EU
    is not giving it. The donor conference has been postponed twice.
    Assistance of 1.5 billion euro is concerned. Experts say Europe is
    delaying the conference because the EU has doubts about commitment of
    Armenia to signing of the Association Agreement.

    The U.S. ambassador John Heffern also determined American investments
    by the signing of the Association Agreement. Instead, Armenia is
    speaking about postponing pre-signing of the agreement more and more
    frequently.

    The EU enlargement commissar Stefan Fule declared the principle `more
    for more' which means more assistance to countries which carry out
    more reforms. In other words, for the time being Armenia will not get
    any money.
    12:22 06/07/2013
    Story from Lragir.am News:
    http://www.lragir.am/index/eng/0/politics/view/30385

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