Armenia to be involved in EurasEC U.S. $500m program

News from Armenia – NEWS.am
16:53 / 12/12/2009

Armenia cannot a full EurAsEC member as it has no common borders with
the EurAsEC member-states, RA Prime minister Tigran Sargsyan stated
after returning to Yerevan from Saint Petersburg, where an Armenian
delegation participated in a meeting of the EurAsEC Interstate
Council.

The Information and Public Relations Department, RA Government, told
NEWS.am that the Armenian delegation includes Head of the RA
Government Staff David Sargsyan, RA Deputy Foreign Minister Shavarsh
Kocharyan, RA Deputy Minister of Finance Vardan Aramyan, RA Deputy
Minister of Economy Mushegh Tumasyan, RA Deputy Minister of Transport
and Communication Artashes Avetisyan, and other officials.

Talking to Armenian journalists, the RA Premier underlined the
importance of two issues on the agenda: the work of the anti-crisis
fund and the formation of an innovation fund. He reported that
specific agreements were reached. `These are infrastructural credit
programs of integration and cooperation to the amount of up to U.S.
$500m in the fields of energy and chemistry,’ the Premier said.

`The observer status at the organization allows us to develop our
relations with EurAsEC. It allows us to be informed of the
developments and determine the tasks Armenia could be involved in. Of
course, being informed will help us take this opportunity,’ Premier
Sargsyan said.

T.P.