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 Tuesday, October 17 2017 14:31
Marianna Mkrtchyan

Vutova: Signing of the framework agreement Armenia-EU will open new  opportunities for cooperation between Yerevan and Brussels

Vutova: Signing of the framework agreement Armenia-EU will open new  opportunities for cooperation between Yerevan and Brussels

ArmInfo.Head of the Yerevan office of the Council of Europe Natalia Vutova is convinced that signing the agreement on a comprehensive and expanded partnership  Armenia-EU will open new opportunities for continuing cooperation between Yerevan and Brussels.

"The signing of the framework agreement will open new opportunities  for the continuation of Armenia-EU cooperation so that the European  Union is also involved in the reforms being implemented in the  country.  Our reforms are aimed at assisting Armenia in fulfilling  its commitments to the EU and other organizations, "Vutova said in an  interview with journalists.

Let us note that the document consists of 357 pages and 386 chapters  and regulates the general principles, approaches and values of  political and economic cooperation between Armenia and the EU. As for  the economic component of the document, it says that Armenia should  bring its economic policy in line with EU standards. In turn, the EU  undertakes to assist in ensuring the independence of the Central Bank  of Armenia, the stability of prices in the country's market, and its  financial reliability. In the political part of the document, the  emphasis is on simplifying the visa regime and starting a dialogue on  its liberalization with a view to stimulating mutual visits of RA and  EU citizens. The agreement also contains provisions onthe Karabakh  conflict. 

The document stresses the importance of Armenia's readiness to settle  the Karabakh conflict peacefully and the need for its early  resolution within the framework of the OSCE Minsk Group. The document  also talks about Armenia's obligation to close the nuclear power  plant and build a new one. Note that it was originally announced that  the document was signed in November at the Eastern Partnership summit  in Riga, but now many experts predict that the signing will not take  place in the announced terms. Initially, the parties also did not  announce the promulgation of the document until its final signing,  but by mutual consent it was decided to familiarize the Armenian and  EU societies with it before signing.

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