ARMENIA – EUROPEAN UNION ACTION PLAN SIGNED

DeFacto Agency, Armenia
Nov 15 2006

November 14 Armenia – European Union Cooperation Council 7th Plenary
Sitting was held in Brussels. Armenia – EU Action Plan within the
European Neighborhood Policy frames was adopted and entered into
force in the course of the sitting.

According to the information DE FACTO got at the RA MFA Press
Service, the RA delegation had been headed by the RA FM Vardan
Oskanian. Finland’s Minister for Foreign Trade and Development Paula
Lehtomaki, Germany’s Minister of State Gunter Gloser, the EU Special
Representative for the South Caucasus Peter Semneby and the European
Commission’s high-ranking officials represented Europe at the sitting.

On the completion of the sitting a solemn ceremony of the official
adoption of Armenia – EU Action Plan within the European Neighborhood
policy frames was held. The document was signed by the RA FM Vardan
Oskanian and Finland’s Minister for Foreign Trade and Development
Paula Lehtomaki.

The process of the Action plan’s realization implies the possibility
of a higher level of Armenia’s Euro integration, including getting
access to the European home market and participation in the European
Union’s policy and programs. According to the document, Armenia is
offered to set up intensive ties with the European Union in the sphere
of policy, economy, culture and security.

The document’s adoption allows implementation of a package of reforms
in Armenia. As a result of the Action plan’s realization Armenia’s
social, political and economic systems will get still closer to the
European level.

Special attention was paid to the economic cooperation between Armenia
and the EU, deepening trade and economic ties, which will contribute
to the investments’ influx and economic growth as a whole.