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EU-Armenia Cooperation In 2015 To Focus On Reforms

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  • EU-Armenia Cooperation In 2015 To Focus On Reforms

    EU-ARMENIA COOPERATION IN 2015 TO FOCUS ON REFORMS

    YEREVAN, December 16. / ARKA /. Traian Hristea, head of the European
    Union's Delegation to Armenia, said today Armenia-EU cooperation in
    2015 will focus on such areas as good governance, human rights,
    judicial and legal systems, mobility, visa facilitation and
    readmission.

    Speaking at a news conference, Mr. Hristea said the EU is ready to
    continue talks with Armenia on building a new legal framework that
    will determine the future of their relations by taking into account
    Yerevan's commitments to the Eurasian Economic Union.

    "We will encourage our Armenian partners to participate in the Eastern
    Partnership program," said Hristea.

    Mr. Hristea cited the latest numbers released by Armenia's National
    Statistical Service saying that the EU is the largest trade partner
    of Armenia accounting for 27 percent of Armenia's foreign trade. He
    added that the EU is also the largest investor in Armenia accounting
    for 52% of the total investments made in Armenia.

    According to the National Statistical Service, Armenia's foreign
    trade turnover with the EU countries in January-October 2014 was
    worth $1.319.2 billion, a decline of 2.4% from the year earlier, while
    Armenia's trade with former Soviet republics making the Commonwealth
    of Independent States (CIS) constituted 28.1% or $1.372.8 billion,
    an increase of 3.8%.

    According to official statistics, the leader in terms of total foreign
    investment in the real sector of Armenia in January-September this
    year was Russia (about 271 billion drams). It was followed by Cyprus
    (about 95.9 billion drams) and Germany (about 84 billion drams).

    Mr. Hristea recalled today that in November this year, the EU and
    Armenia signed a Memorandum of Understanding, outlining their strategic
    goals for the period of 2014-2017.

    Also on November 3 the European Commission and Armenia signed
    a Memorandum of Understanding for the establishment of the Single
    Support Framework, which envisages an aide to Armenia from 140 million
    to 170 million euros in 2014-2017. These funds will be used to support
    Armenia's private sector and reforms in public institutions, civil
    society and justice.-0-

    http://arka.am/en/news/politics/eu_armenia_cooperation_in_2015_to_focus_on_reforms _/#sthash.HCzZHrNG.dpuf

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