Armenian Prime Minister Invited To Brussels

ARMENIAN PRIME MINISTER INVITED TO BRUSSELS

ARKA
May 20, 2008

YEREVAN, May 20. /ARKA/. Ambassador Raul de Luzenberger, Head of the
European Commission delegation to Armenia, has invited Armenian Prime
Minister Tigran Sargsyan to visit Brussels.

Luzenberger congratulated Sargsyan on appointment to the premier’s
post, wished him success and invited to Brussels for a more detailed
discussion of cooperation issues.

Sargsyan and Luzenberger discussed prospects of EU-Armenia partnership
and a wide range of issues on reforms initiated as part of the EU
New Neighborhood Program.

Sargsyan said the new government will be consistent in its
efforts aimed at economic integration including formation of a
European-standard market system in the country, deeper trade links
and economic cooperation with the European Union.

The Premier hailed the programs being implemented as part of the
financial instruments of the New Neighbourhood Program, as well as
the establishment of a new fund – Neighbourhood Investment Facility.

Sargsyan also stressed the importance of cooperation between Armenia
and European Investment banks. He said Armenia is seeking to get a
status of a market economy from the EU – an important stimulus for
further cooperation.

Neighbourhood Investment Facility was launched on May 6. The EU
earmarked EUR 400mln for its implementation. The program includes

Armenia, Azerbaijan, Egypt, Georgia, Jordan, Lebanon, Moldova, Morocco,
Palestine, Tunisia and Ukraine.

European Program action plan was signed on November 14 2006 and
officially took effect on January 1 2007.