COUNCIL OF IABP TO SUPPORT ARMENIAN OFFICE IN LEGISLATIVE ACTIVITIES IN BUSINESS SPHERE

ARKA News Agency, Armenia
June 8 2006

YEREVAN, June 8. /ARKA/. The IABP Secretary General Frederick
Hyde-Chambers told journalists in Yerevan that the Council of the
International Association of Business and Parliament (IABP) will
render assistance to the Armenian office in legislative activities
in the business sphere.

“A separate businessman can’t understand the whole economy. We are
going to use business-skills of separate businessmen, generalize them
providing information about the European economy”, Chambers said.

According to his estimates, not only the Armenian economy is in
transitional period but also it politics and society.

“I am sure that the great potential of the Armenian people will enable
to overcome this period successfully”, Chambers finds.

He emphasized that the Council of the association is very serious
towards foundation of an Armenian office and intends to render all
kind of assistance.

In his turn the Vice Speaker of the European Parliament Edward
Macmillan Scott welcomed foundation of IABP Armenian office.

“We will support the activity of the national office taking into
consideration the fact that Eurointegration process is attached great
importance in Armenia”, he said.

On June 7, IABP Armenian office was opened in Yerevan. The
IABP office has the guarantee and support of the organizations’
structure functioning in Great Britain that secures transparacny and
uncorruptedness of its activities, and may be possible resource for the
RA National Assembly from the viewpoint of exchange of international
experience.

The coordinative council of the office is already formed, and it
includes deputies of almost all factions and groups of the RA National
Assembly, as well as representatives of small, medium and large-scale
entrepreneurship and NGOs, which will act on the basis of principles
and standards worked out by the IABP.