MEMORANDUM OF UNDERSTANDING BETWEEN THE EUROPEAN COMMISSION AND THE REPUBLIC OF ARMENIA

armradio.am
06.04.2010 16:41

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

On March 2, 2010, the European Commission, based on bilateral
negotiations with the Republic of Armenia adopted the National
Indicative Programme 2011-2013 for Armenia, which foresees an
indicative allocation of â~B¬ 157.3 million from the European
Partnership and Neighborhood Instrument (ENPI). This includes a
minimum of â~B¬ 32 million earmarked for the Comprehensive Institution
Building programme and a minimum of â~B¬ 7 million reserved for the
Cohesion Polict.

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 Indicative Programme 2011-2013 EU is aimed at supporting the
implementation of the EU-Armenia Partnership and Cooperation Agreement,
the EU-Armenia ENP Action Plan and the priorities of the Eastern
Partnership launched in May 2009.