ARMENIA TO GET 157.3 MILLION EURO WITHIN ENPI

PanARMENIAN.Net –
April 6, 2010 – 14:58 AMT 09:58 GMT

EU Commissioner for Enlargement and European Neighborhood Policy Stefan
Fule and RA Minister of Economy Nerses Yeritsyan signed a Memorandum
of Understanding regarding the National Indicative Program 2011-2013
for Armenia.

On March 2, 2010, the European Commission based on bilateral
negotiations with the Republic of Armenia adopted the National
Indicative Program 2011-2013, which foresees an indicative allocation
of 157.3 million euro from the European Partnership and Neighborhood
Instrument (ENPI). This includes a minimum of 32 million euro earmarked
for the Comprehensive Institution Building program and a minimum
of 7 million euro reserved for the Cohesion Policy. The assistance
will focus on three priority areas – democratic structures and good
governance; trade and investment, regulatory alignment and reform;
Socio-economic reform and sustainable development.

The principle objective of the EU-Armenia cooperation is to develop
an increasingly close relationship between the EU and Armenia, going
beyond past levels of cooperation to deeper political cooperation
and gradual integration.