ArmInfo. The current Agreement between Armenia and European Union needs to be renewed, Garegin Melkonyan, the First Deputy Minister of Economic Development and Investments stated at the Conference on Armenia-EU Relations and Prospective, held in Yerevan .
The Agreement becoming a basis for Armenia-EU relations was signed in 1996, and its implementation began in 1999. In this respect, the Comprehensive pre-signed in March and being under preparation for final signing, opens large opportunities for both parties, and is a objective necessity," he mentioned.
Melkonyan informed also about preparatory works in respect to harmonization of the Agreement to existing norms, mentioning that those will be completed by November summit of EU. According to him, Parties do their best for that.